Overview Project title: NovelNFT

Project type: Option 1: Web3 app prototype

Team name: NovelNFT

Team members: Sehyeon Kim(Student), Inhyeok Jung(Student), Minseong Hwang(Student)

Mentor: Brian Yun

Deliverables

Running Web3 app URL

Github public repo URL

Web3 app introduction deck URL

Youtube video URL

Summary This project focuses mainly on the spirit “Readers community should also be able to participate in making a novel work more widely spread and get benefits from them.” On this platform, everything in the fan community(starting from fan art, emojis, etc..) is a tradable NFT and has a unique context based on where they are used, posted when, and by whom. This can encourage active participation from the fan community. In addition, both fans and creators can generate profits through NFT issuance and sales, which can further increase their passion and enthusiasm for creating works.

The project implements a fan community where every community work can all be listed as tradable NFT. The community power of some novels can be evaluated by the total trade amount of NFT created inside that community. Also, some ratio of the trading fees will go to the author of that novel.