Project Description
The main way people can monetize at metaverse events is to sell 2d artwork of NFTs. There are many more analogies from the real-world that can be brought into the metaverse that can allow the creators involved in the production of an event to generate revenue and support their work. One of these is in-event advertising. This project gives creators the power to mint and own a metaverse billboard and collect royalties in real-time directly from advertisers. It supports an auction based system for live bidding all from within a smart contract and an easy to implement sdk for displaying the ads. The application itself is entirely serverless stored in a decentralized matter as an nft that can exist as long as the blockchain and ipfs exist.
How it's Made
The project uses superfluid contracts for money streaming, and livepeer for decentralized video hosting. It provides a demo front-end built in react. It takes the example nft based superfluid show and does some modifications to it. In particular: It allows a single wallet to stream values to the billboard. If another wallet choose to they can outbid the first one and then their video will be shown. All videos shown are hosted on the livepeer decentralized network.
