Blockchain Technology Empowers the Fan Economy: A Value Chain Analysis

Haotian Liu () and Kaiyuan Bai ()
Additional contact information
Haotian Liu: Dongbei University of Finance and Economics
Kaiyuan Bai: Guizhou Medical University

A chapter in Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024), 2024, pp 156-169 from Springer

Abstract: Abstract Under the social background of pan-entertainment, fan economy as a new economic form has been active in the public’s view, but for a long time, due to the capital market control of the fan economy industry and the lack of effective supervision, resulting in a variety of chaotic phenomena, especially in the hit casting, the collection of huge amounts of money, voting data falsification and other issues are common, which makes the healthy development of the fan economy has been seriously impeded. In order to regulate the contradiction between the fan community and the capital market, guide the positive energy of the society, and form a healthy voting mechanism, our team makes full use of the blockchain technology and Internet resources, and tries to establish a network platform integrating voting and regulation; not only can it allow the capital side to be effectively restrained, but also protect the rights and interests of the fan community. In terms of pricing model construction, this paper is based on the existing token settlement mechanism, and chooses the market comparison method to determine the prices of all virtual products on the platform. In addition, when analyzing the cash flow, this paper uses a large number of mathematical algorithms to determine the platform revenue, so as to reflect the feasibility of the platform design and market effects.

Keywords: Fan Economy; Blockchain; Regulatory Mechanism; Token Settlement (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-638-3_16

Ordering information: This item can be ordered from
http://www.springer.com/9789464636383

DOI: 10.2991/978-94-6463-638-3_16

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().