TIDAL X: 10/20 Tickets Drop Below $300 Average on Secondary Market

(UPDATE 10/19/15) Brooklyn will be the spot for Jay Z's blowout TIDAL X: 10/20 Festival this Tuesday. The rapper announced the festival earlier this month after his streaming service TIDAL reached one million followers, and the arsenal of A-list performers set to hit the Barclays Center is beginning to see ticket demand drop on the secondary market.

According to TicketIQ the average price for TIDAL X: 10/20 tickets is $293.84. While that is still a big number, it actually marks a 25.4% drop from last Thursday's $394.04 average. If looking just to get in, the cheapest ticket on the secondary market is now listed for $80. That's also down 25.9% from last week's $106 get-in price.

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The drop in price is interesting due to the sheer power of stars set to perform at the marquee event. Rumors circulated over the weekend that Drake would make an appearance at the show despite the ongoing feud between Tidal and Apple Music, the streaming service he has supported with his OVO Sound Radio for Beats 1 internet radio station. Others confirmed to grace the stage in Brooklyn Tuesday include Nicki Minaj, Lil Wayne, Prince, Usher, T.I, Thomas Rhett, Rick Ross and Nick Jonas.

All ticket sale will support the New World Foundation, which aims to increase civil rights awareness and is based in New York.

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Jay Z promised a massive blowout once TIDAL reached one million subscribers, and he’s proving that word is bond.

The music streaming service on Wednesday announced its TIDAL X: 10/20 concert, which will invade the Barclays Center in New York on October 20. Beyoncé, Prince, Nicki Minaj, Usher, Lil Wayne and Jay Z himself are among the dozen of performers set to take the stage.

Being dubbed as a charity concert, all proceeds from purchased tickets will benefit the New World Foundation to help charities dedicated to civil rights causes.

Tickets went on sale to all TIDAL subscribers on Wednesday at 12 pm ET. The general public will have access to tickets beginning this Friday, October 2 at 12 pm ET. Prices range between $74 and $244.

Among other A-list artists set to perform at the Brooklyn-based concert include T.I., Alessia Cara, Damian Marley, Fabolous and Flatbush Zombies.

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