NFP - Near Fan Protocol

NFP - Near Fan Protocol

Current Web2 K-POP culture is dominated by Huge entertainment companies, and have serious issues such as music market manipulation. Using Web-3 technology, we can greatly improve K-POP fan expierience

NFP - Near Fan Protocol

NFP - Near Fan Protocol

Current Web2 K-POP culture is dominated by Huge entertainment companies, and have serious issues such as music market manipulation. Using Web-3 technology, we can greatly improve K-POP fan expierience

The problem NFP - Near Fan Protocol solves

Problems of Web2 Fan Meets

  • Waste of resources

    Kpop fans purchase tons of offline albums to participate to a certain artist's Fan Meet. After getting access to the artist's Fan Meet, those albums in Web3 are being abandoned and becoming a excessive waste of resource. This has a serious malicious impact on environment. Refer to the newspaper article below to see how serious this problem is

news about this problem

  • Serious market manipulation of Web2 Music Agency

    Web2 music industry has never been free from billboard manipulations and manipulated fan meeting raffle results. Artist's agencies chooses raffles on their own favor in a unclear way, and fans have no idea of how fair the process of raffle selection is done. This is a problem of trust for K-pop industry itself.

How NFP - Near Fan Protocol solves these problems in Web3 way

  • No more waste of resources!

    In NFP, user do not have to own a copy of Web-2 K-pop album to enter a fan meet raffle. Now, user just has to buy an ON-LINE album, and the purchase of album will be recorded in NEAR blockchain in a form of NFT, proving in a very clear way that this user has bought this Album, the RIGHT WAY

  • Impossible market manipulation

    In NFP, every data is stored on NEAR blockchain in a NON-FUNGIBLE way, which means that No one can interfere it after it is created! Album purchase data recorded on blockchain will help people to understand how rankings are being calculated, and no one will be able to manipulate the REAL DATA, making the most accurate music bill board, on top of NEAR PROTOCOL. Every raffle is selected solely on the Near Protocol's Smart Contract. Everyone can see the result, and the process of raffle is strictly guaranteed by code, not person, gaining the TRUST.

Challenges we ran into

Rust language and WASM

  • New to NEAR

Near protocol uses RUST and WASM to deploy contract. Since i am used to deploying contracts and building using ether.js, it was a very challenging issue to solve.
I have to learn rust and WASM to deploy contract and build the front-end. It was a very challenging issue to solve.
I solved the issue by reading the NEAR documentation and reading github codes.
github repo that helped me the most!

Should hide WEB3-Like features

  • Web2 users are not familiar with crypto

I thought that to make people to onboard to web3, it was very important to hide web3 wallets from the user, because
Web2 users are not familiar with Web3 features, such as Web3 crypto wallet
I am going to solve this issue by using Supabase, which is a web3-like database that can be used to store user private key and public key.
I am still developing on this issue.

Interact with NEAR BLOCKCHAIN

  • Crypto-related development

I had to learn how to interact with NEAR blockchain, and how to deploy contract using rust and WASM.
I mainly used near-cli to deploy my NFT contract.
I also used NEAR documentation to learn how to interact with NEAR blockchain.

Tracks Applied (2)

Web3.0 dApp

We solve Web 2 problems in a "decentralized way", using crypto. That's why we are proposing NFP - Near Fan Protcol as WE...Read More

Develop Near dApps specialized for Mass Adoption

Project Title: NFP - Near Fan Protocol Team Members: Jiwoong Song, Lead developer Jiwoan Song, Lead marketer Project D...Read More

NEAR Protocol

Technologies used

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