ONENoF : personal creator AD market

Check-out ONENoF prototype Demo

ONENoF Project Prototype Demo link
PITCH link
Try out Github link

Inspiration

As we watched individual influencers grow and generate revenue through TikTok and YouTube, we naturally became interested. At first, the online and offline advertising market was searched, but in the one-person creator market that started with little capital, we have found that there was a lack of trust in the part where advertisers and individuals were in contact. We intend to solve this through Hedera Hashgraph and make it a scalable service.

What it does

The latest influencer advertising platform has a structure in which an advertiser posts an advertisement and the influencer finds it and matches each other. In ONENoF, creators reverse their advertising area and sell it. This is a form that advertisers buy of influencers Ad spaces. You can first check whether the texture between the advertisement and the creator is correct. Landing and purchase by converting this into an asset as an NFT token and it was designed to be resaleable. This has created a market where influencers can grow while generating profits from the beginning.

How we built it

We were able to create a system to issue and trade NFTs very easily using Hashgraph's HTS. In addition, since various development language SDKs were provided, the choice of programming languages was wide, enabling rapid development. We developed the system using Hashgraph's javascript SDK, HTS, and HCS. HTS was used for NFT issuance, transaction, and ownership transfer, and HCS was used for important event occurrences of service users, so that the history remains in the Hedera network.

Challenges we ran into

Since Hedera Hashgraph has to be made with the functions provided, freeze how far to open the admin authority It was difficult to grasp the intention of the functions such as Wipe. Also, on the ideas we thought of. It was a challenge to figure out if it could be used properly.

Accomplishments that we're proud of

A new business model was designed based on the functionality provided by Hedera Hashgraph. Also, we do not consider. Hedera was thinking about what was not possible, and with new inspiration, we were able to establish a better process.

What we learned

Creating a business is very difficult. You need a UX that users can use comfortably, and you have to deal with unexpected situations. Using the NFT, it was possible to solve the existing problem part and put functions that were not previously thought of.

What's next for ONENoF : personal creator AD market

Buying and selling each other through auction has not yet been implemented. It was difficult to implement during a short hackathon period because there were many parts to be considered such as First Price Auction, Second Price Auction, and Dutch Auction. If additional opportunities are possible, we want to implement those functions as well. PS. We need to create better designs through the recruitment of designers.