AIP-450: NFT Event Check-in Solution based on ApeChain 

ABSTRACT

This proposal aims to introduce an NFT event check-in solution based on ApeChain, combining hardware products (NFC chips and scanners) and software products (an app based on ApeChain) to provide NFT holders with an immersive experience at all NFT offline events.

Specific Implementation Plan:

In terms of hardware products, we will use NFC technology combined with RFID (Radio Frequency Identification) to embed NFC chips into peripheral products, including clothing, hats, toys, and skateboards. We will also design and manufacture NFC scanners to detect products with NFC chips and read selected NFT image data in an app based on ApeChain, then display on a large screen to realize the conceptual scenario of NFT as our web3 identity and participate in real offline events. Simultaneously, scanners will also be used to support the “Unmanned check-in” model in Merch stores.

In terms of software products, we will develop an app based on ApeChain, offering features such as wallet connecting, NFT selection, and animated scene corresponding to the ticket you purchased. The app will provide a user-friendly interface for NFT holders to easily use the check-in system. All check-in animations can be individually created and saved by users, forming a unique user-generated content (UGC) culture, which also makes it easier to spread within communities and out of the web3. For event organizers, animating event tickets to become a unique background for attendees can help expand the brand’s influence and generate much higher traffic than traditional marketing methods.

This solution will fully leverage the image of all NFTs, providing NFT holders with a more immersive experience and enriching existing methods of peripheral product distribution. It will create unique and native web3 gameplay during the offline events and provide all NFTs with more practical value beyond avatars.

BENEFIT TO APECOIN ECOSYSTEM

The proposed NFT event check-in solution will bring several benefits to the APECHAIN ecosystem:

• Enhanced Adoption and Engagement: By providing NFT holders with an immersive experience at web3 offline events, the solution will increase adoption and engagement within the $APE ecosystem. NFT holders will feel more connected to the ecosystem and be incentivized to participate in events and activities.
• Increased Visibility and Recognition: The innovative nature of the check-in solution, coupled with its use of ApeChain, will enhance the visibility and recognition of $APE in the broader market. This will attract more users, projects, and potential collaborators to the ecosystem, driving its growth and fostering a vibrant community.
• Diversification of Use Cases: The check-in solution will demonstrate the versatility of $APE beyond where we are right now, showcasing its potential in the realm of NFT event management and engagement. This diversification of use cases will attract new projects and investors to $APE, expanding its reach and utility.

Overall, the NFT event check-in solution will contribute to the growth and development of the APE CHAIN ecosystem, defining APE CHAIN as the primary chain for all NFTs and continuously providing value for all $APE holders.

OVERALL COST

Total amount requested from the ApeCoin Ecosystem Fund = 480,000 $APE
The specific allocation is as follows:

1. Hardware Design and Production (50% of the budget, 240,000 $APE):

• NFC Chip Design and Production: 100,000 $APE
  • Design and Customization: 80,000 $APE
  • Production and Assembly: 20,000 $APE
• NFC Scanner Development and Production: 120,000 $APE
  • Design and Development: 80,000 $APE
  • Production and Assembly: 40,000 $APE
• Display Equipment: 20,000 $APE

2. Software Development and Testing (40% of the budget, 192,000 $APE):

• APP Development: 115,200 $APE
  • Front-end Development: 38,400 $APE
  • Back-end Development: 38,400 $APE
  • Blockchain Integration and Smart Contract Development: 38,400 $APE
• Application Testing and Optimization: 48,000 $APE
  • Functional Testing: 19,200 $APE
  • Security Testing: 19,200 $APE
  • User Experience Optimization: 9,600 $APE
• Entrance Animation Creation and Display Function: 28,800 $APE
  • Animation Design and Development: 19,200 $APE
  • Animation Display Technology Integration: 9,600 $APE

3. User Testing, Promotion, and Launch (10% of the budget, 48,000 $APE):

• User Testing and Feedback Collection: 19,200$APE
  • User Testing Planning and Execution: 9,600 $APE
  • User Feedback Collection and Analysis: 9,600 $APE
• Product Promotion and Marketing: 19,200 $APE
  • Social Media Marketing: 9,600 $APE
  • Online and Offline Event Promotion: 9,600 $APE
• Launch Preparation and Support: 9,600 $APE
  • Platform Launch Preparation: 4,800 $APE
  • Technical Support and Maintenance: 4,800 $APE

This detailed description of fund allocation will ensure the smooth development, testing, and promotion of both hardware and software products, guarantee the high quality and user satisfaction of the final product. We do not have an estimate of costs for users to use the app’s features at the moment; we will know the cost range once the app development is complete and we begin the user testing phase.

APECOIN REVENUE MODEL:

Single Instance Revenue Forecast

Total Revenue:* 120,000 $APE + Total Revenue * 1%

This table clearly outlines the revenue forecast for a single instance, providing a comprehensive view of the potential earnings from our proposed solution.

*50% of gross revenues will be returned to APECOIN DAO, in perpetuity.

NOTE:

• Fees will be charged for the services provided by the check-in solution and “Unmanned check-in” model, and only $APE will be used for payment.
• Offline merch stores adopting the “Unmanned check-in” model can only be paid with $APE.
• NFC customization will be charged separately and paid for using $APE.
• $APE will be consumed in the APP as Gas fee

By implementing this proposal, APECOIN will establish a robust check-in solution that benefits NFT holders, drives revenue growth, and expands its influence in the web3 space.

PROPOSAL

Link to the full proposal: https://forum.apecoin.com/t/aip-450-nft-event-check-in-solution-based-on-apechain/24230

The AIP implementation is administered by the Ape Foundation. Implementation may be immaterially or materially altered to optimise for security, usability, to protect APE holders, and otherwise to effect the intent of the AIP. Any material deviations from an AIP, as initially approved, will be disclosed to the APE holder community.