Astrix leverages blockchain technology to address common issues in the event ticketing sector like scalping and fraud. Its business model includes providing NFT-based tickets that double as collectibles, thus offering a unique value proposition that extends beyond mere access to events. This model also undercuts traditional ticketing fees, aiming to be more cost-effective for both event organizers and attendees.

Astrix is part of the Microsoft Startup Founders Hub and was in the Top 6 teams at the Algobharat Impact Summit. It is bootstrapped as of now.