N.Fans Integration of Animation and NFT
499Block：First, please introduce yourself and the N.Fans project.
Iwao Oshina：Hello, everyone, I’m very happy to be a guest in the 499 community. I’m Iwao Oshina, the CMO of N.Fans. I have worked as a business consultant and professional investor. As the founder of a large Japanese bank and technology financial company, I hava 12 years of industry experience in the IT industry. N.Fans is a new blockchain-based digital collection game platform for Japanese influencers. It includes photos of various well-known artists, moment casting and sales, and NFT of well-known animations. It implements NFT and tokenization for subcultures such as pop and entertainment, and helps fans’ NFT to circulate, confirm and exercise rights, and so on, so as to build a trading platform for global participants.
499Block：NFT is currently a hot spot, and there are many teams and projects competing in this field. What are the advantages and characteristics of N.Fans?
Iwao Oshina：Good host, our N.Fans compares other NFT projects. Its advantages and characteristics are mainly reflected in the fact that NFS is an NFT aggregation protocol, supported by an algorithmic market making mechanism, designed to increase the value of art and the liquidity of transactions, which enables NFT assets to achieve the perfect trading experience of order flow.
Secondly, NFS puts 80% of NFT artwork sales into the liquidity hedging pool through smart contracts, ensuring that NFTs sold on the platform have a unique value-preserving repurchase mechanism. Finally, NFS provides limited editions of high-quality NFT artworks of global stars, providing value discovery and convenient trading and circulation functions for NFT assets.
499Block：What are the ways to play N.Fans’ digital collection NFT?
Iwao Oshina：We choose the blind box form to meet the global customers requirements. Given that global users are increasingly interested in NFT, blind boxes are more effectively aligned with local consumer behavior. In the future, we will also consider joining group buying to promote our NFT artworks, which is similar to Pinduoduo’s e-commerce model. As we continue to release blind boxes, we will keep prices at a reasonable level to attract new customers into the NFT world. We also include NFS tokens in the blind box to reward customers. After users have collected all the NFT fragments, they can use our platform to integrate the fragments into a complete NFT and receive platform rewards in NFS tokens. The user can also redeem this NFT to obtain the artist’s physical artwork, including the user’s unique signature. After redemption, the corresponding NFT status will change to “Redeemed”. Users can also choose to keep NFTs instead of receiving physical artworks to maintain the economic value of the art in the secondary market.
499Block：After users buy their favorite NFT, in addition to collection and investment functions, what other areas can they apply to? Does N.Fans have a solution?
Iwao Oshina：we will also consider joining group buying to promote our NFT artworks, which is similar to Pinduoduo’s e-commerce model. As we continue to release blind boxes, we will keep prices at a reasonable level to attract new customers into the NFT world. We also include NFS tokens in the blind box to reward customers.
NFT fragments (coming soon) -The most critical concept in artistic creation is the story behind the work. If a digital artist lacks a background, the artwork is incomplete. The best way to show fragmentation is to divide the work according to its story and make sure the pieces are connected.
We will divide the NFT into several segments based on the story of the artwork, and present the author’s intentions through each NFT segment. Users can understand that once they have collected all the pieces and combined them into a complete story to complete the NFT.
At the same time, the scarcity of works and the collectible gameplay will further increase the value of NFT in the NFT secondary market. We will promote the works of artists with a high reputation in the art world, by publishing each artist’s creativity and the story behind it. Usually these works of art will be very expensive. Then we will create a unique NFT for each piece of art and let the artist divide it into pieces.
Owners who purchase these NFT fragments can also trade platforms in other markets. After users have collected all the NFT fragments, they can use our platform to integrate the fragments into a complete NFT and receive platform rewards in NFS tokens. The user can also redeem this NFT to obtain the artist’s physical artwork, including the user’s unique signature. After redemption, the corresponding NFT status will change to “Redeemed”. Users can also choose to keep NFTs instead of receiving physical artworks to maintain the economic value of the art in the secondary market.
499Block：The liquidity and pricing of NFT affect the income of collectors. It has always been a problem to be solved. What solutions does N.Fans have?
Iwao Oshina：This is a very good question, and at the same time everyone is constantly exploring the question you mentioned. First, let’s analyze these two keywords, “pricing” and “liquidity”.
In the early stages of the development of blockchain technology, the liquidity of ERC-20 tokens also takes months or even years to become sufficient. The market will apply smart contracts and encrypted economic mechanisms to solve the liquidity problem of NFT tokens.
I once mentioned that NFT can be regarded as “mobile intellectual property rights”, because the scope of NFT covers more and more digital content, and the view of mobile intellectual property rights itself has an implicit assumption, that is, NFT itself It is a brand new type of financial asset.
As NFT become more financialised, they will also need new types of trading platforms, lending agreements and derivatives.
So I think NFT price discovery is the next big problem.
Amarket-efficient price discovery mechanism would enable participants to trademore quickly, improve liquidity through tokenization, allow NFT to becomecollateral without an order, and create a wealth of derivatives against NFT.
Inother words, price discovery will enable the financialisation of NFT assetclasses.
N.Fansis currently considering several mechanisms to solve the problems mentioned bythe proponents such as sales mechanism, auction mechanism and fragmentationmechanism, which have also been proven to be effective.
Forexample: In the sales methods used in Rarible and most other NFT markets,valuations are created by public sales in the open market.
OrAsync.art uses perpetual auctions in their web galleries, as does SuperRare.Beeple’s auction with a total turnover of 3.5 million US dollars proved thatalthough the auction is still in the development stage, which is already strongenough.
Aswith projects such as Ark, Wrapped Punk, WG0, and NFTX, the fragmentation cansplit one or more NFTs into ERC-20 tokens, which can be traded on DEX orcentralized trading platforms.
499Block：IP resources are the focus of each NFT platform. What resources does N.Fans have?
Iwao Oshina：Regarding resources, N.Fans is the strategic partner with TV TOKYO and BANDAI NAMCO. Currently, and N.Fans has signed Naruto, White snake2 and the Dark World God Envoy. The IPs under negotiation and signing include Pokémon, Dunking Master, Gundam, King of Thieves, Dragon Ball, etc. In addition, the N.Fans platform is led by l-FreekMobile (a Japanese listed company) and ETFDAO Fund, with participation investment from AC capital, Krypto Fund and other institutions.
499Block：How can NFT issuers, designers, artists, IP parties, fans and other groups benefit from the platform?
Iwao Oshina：The host’s question should also be one of the questions that everyone is very concerned about. One attraction of the NFT market is transparency. Buyers can see the history of each past buyer and bidder, what prices they paid, and the current market conditions of any digital goods. More importantly, buyers can complete the transaction in a few minutes or less. After the transaction is completed, you do not need to wait for the transportation process to enter your own collection library (wallet). When you want to sell, the secondary market not only provides liquidity, but also completes the rapid satisfaction provided by the market as a whole.
499Block：Many friends are curious about when the world premiere of 5 Naruto co-branded 3D figures will be officially launched in the previous news. Can you share it with us?
Iwao Oshina：Regarding this question, I’m very happy to tell you that Naruto Uzumaki, the 3D NFT work of Naruto, has just been submitted for review today and will be relaunched on the Binance NFT platform in the near future. There is also good news to share with you. N.Fans and BANDAI NAMCO have reached a strategic cooperation and will soon launch the “White snake” 3D NFT for the first time. It is currently under supervision and I believe it will be listed soon. You can follow our official information for more news.