Notable will be the first NFT experience-based Marketplace

We would introduce a new concept of NFT by moving from the concept of "collectible" to the concept of "experience" in which an NFT is linked to real life benefits.

In this way influencers and artists, for example, can create NFTs that are linked to real experiences.

To give a concrete example, these experiences can be dinners, participation in events and much more.

From the user's point of view, it is possible to buy the NFT with the purpose of investing in a public figure and aiming at increasing its popularity or it can decide to take advantage of the NFT service for real life by burning it.

The Founding Concept

Nowaday there are many available assets to invest in. A person can buy gold and precious metals, company stocks, cars, watches, pieces of art and so on.

But how is it possible to invest in other people?

At Notable, we find a non-financial solution thanks to NFTs.

Let's do an example. Let's imagine a person with a talent (a singer, an athlete, everything else) that might have a little fan base on socials. This person might have the necessity of money to travel to another country in order to participate to a competition.

Notable allow this skilled person to create one or more NFTs containing an experience with him/her.

People can buy those eNFTs, financing the skilled person (eNFT creator).

People that bought those eNFTs are holding a "ticket" that has an economic value proportional to the popularity of the creator.

Let's imagine now that the creator win the competition and his/her popularity rise, what happen?

More people now know about him/her and more people are willing to live an experience with him/her, affecting the eNFT price.

Some holder can decide to sell the eNFT at a higher price in order to take profit or can decide to live the experience contained in the eNFT.

The decision of "redeeming the experience" contained in the eNFT require to burn the eNFT, removing it from the market. The person who live the experience will receive a POAP as memory.

A business model for businesses

At a first look, Notable appears as a C2C platform, where a verified user create eNFTs to be sold to other users.

At Notable we are aware that the "influencer and talent scouting" industry is founded on a strong network of agencies, intermediaries and managers: for this reason, we studied a way to involve these fundamental players in the Notable business model.

This involvement is achieved thanks to the "multi-creator address" feature that allow an eNFT to be created by more than one address. In this way the person that provide the experience and all the team that work with him, can benefit from automatical fees and royalties split.

We thought about this feature because we strongly believe that agencies and managers are the main parties that can steer "skilled people" to create eNFTs and because we won't exclude them but want to collaborate with them in this industry

Token use cases

NBL is the native utility BEP20 token of Notable Marketplace and has several use cases, both for users and creators:

For Users:

Access to exclusive drops, listings and events (both digital and physical) Periodic rewards through staking Fee discounts and rebate on purchase and mint of eNFTs Analytical data of creators' profiles (require staked NBL) For Creators:

Advanced features and design possibilities on the personal profile page A better ranking on the main marketplace page and in the themed section Increased royalties percentage on future trading of the eNFT (possible through staking a minimum value of NBL) These are just some of the perks initially offered on the platform. The roadmap includes many more use-cases tied to DeFi improvements (collateralised landing, farming and pooling). Moreover, the plan is to turn the company into a DAO as soon as critical mass is reached and the process are all standardised, giving NBL holders the complete power over any decision regarding present and future of Notable.

Built With

  • evm
  • marketplace
  • nft
  • utility-nft
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