The problem it solves ATFi Protocol addresses the widespread "no-show" problem in events, a significant challenge in both physical and digital communities. Currently, easy, commitment-free registrations often lead to 30-60% no-show rates (Eventtia, 2025). This results in:

• Wasted Resources: Food, venue space, speaker time, and marketing budget go to waste.
• Diminished Engagement: Empty seats reduce networking opportunities and dampen the overall event atmosphere.
• Lack of Accountability: Participants have no tangible incentive to follow through on their registration.

ATFi solves this by introducing on-chain financial commitment for event registrations. People can use it to:

• For Organizers: Dramatically increase attendance rates, ensure efficient resource allocation, and foster more engaged communities.

• For Participants: Guarantee a seat, earn rewards for attending (from forfeited stakes and DeFi yield), and engage with high-quality, committed peers.

It makes existing event management tasks more efficient, reliable, and financially beneficial for all committed parties.

Challenges I ran into One significant hurdle was effectively integrating the on-chain Smart Contract lifecycle with robust off-chain data management and automation. Specifically:

1. Real-time On-chain Data Indexing: Getting real-time, reliable data from the Base network (e.g., new Vault Event deployments, USDC deposits, event settlement status) to reflect accurately and quickly in our backend database (Supabase). This was crucial for the frontend to display correct event status and participant information.

   • How I got over it: I utilized Goldsky's indexing service. By setting up a subgraph/stream that listens to specific events emitted by my Smart Contracts (FactoryATFi.sol and VaultATFi.sol), I could reliably push this data to a PostgreSQL database (Supabase). This allowed for a unified data source, combining on-chain and off-chain data, accessible by the frontend and backend.

https://github.com/ATFi-Event

https://atfi-event.vercel.app/

ATFi's unique value proposition lies in its ability to directly monetize commitment and penalize non-commitment in a transparent, decentralized manner. Unlike traditional ticketing or RSVP systems, ATFi leverages:

1. On-Chain Stake as a Verifiable Commitment: Participants put real, fungible value (USDC) on the line, making their intent undeniable.
2. Financial Incentives for Attendance: Attendees not only get their stake back but also earn a bonus from no-shows' forfeited stakes and generated DeFi yield, transforming attendance into an earning opportunity.
3. DeFi Integration for Enhanced Returns: The protocol uniquely integrates with yield-generating DeFi protocols like Morpho, providing an additional layer of incentive and efficient capital utilization for pooled stakes.

Our alpha build successfully demonstrates the full lifecycle: from an organizer deploying an event-specific ERC-4626 vault, participants staking USDC, off-chain QR check-in, to automated settlement and rewarded claim for attendees. This validates the core mechanism of using blockchain for provable commitment and incentivized participation, a stark contrast to existing, often ineffective, commitment-free event systems.

Our primary target customers are:

• Web3 Community Organizers: DAO managers, NFT project teams, blockchain meetup hosts, and developers organizing workshops or hackathons. They need to ensure high attendance for their events to foster community engagement and efficiently allocate resources.
• Education & Professional Development Platforms: Providers of online courses, webinars, or certifications where attendee commitment is crucial for learning outcomes and resource planning.
• Event Management Platforms: Traditional event platforms looking to integrate a decentralized, commitment-based ticketing/registration solution to reduce no-shows.

We've confirmed this audience through:

• Market Research: High no-show rates are a consistently reported pain point across all event types, but particularly severe in free-to-attend web3 community events.
• Feedback & Interviews: Early conversations with Web3 community managers highlighted the constant struggle with attendee drop-off and the desire for a reliable commitment mechanism.
• Solution Alignment: The technical capabilities (on-chain, DeFi yield, decentralization) directly align with the values and needs of the Web3-native event organizers.

1. Traditional Event Management Platforms (e.g., Eventbrite, Hopin, Luma):

   • How ATFi is Different: They primarily offer centralized ticketing/registration and basic reminder tools. They lack on-chain commitment, financial incentives for attendees, and transparent, programmatic reward distribution. ATFi offers a trustless, decentralized solution where commitments are provable and rewards are automated by smart contracts, eliminating reliance on a central party.

2. Decentralized Event Ticketing/RSVP (e.g., EthPass, POAP-gated events):

   • How ATFi is Different: While decentralized, many focus on token-gating or simple RSVPs without a monetary stake for attendance commitment. EthPass (for tickets) or POAP (for proof of attendance) don't directly tackle the "no-show" problem with a financial incentive loop. ATFi specifically targets commitment to attendance through refundable staking and rewards, a feature typically missing from purely access-gated or proof-of-attendance systems. Our DeFi integration for yield generation is also a key differentiator.