Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)

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Blockchain Technology Empowers the Fan Economy: A Value Chain Analysis

Authors
Haotian Liu1, Kaiyuan Bai2, *
1Dongbei University of Finance and Economics, Shahekou District, Dalian City, Liaoning Province, China
2Guizhou Medical University, Yunyan District, Guiyang City, Guizhou Province, China
*Corresponding author. Email: Kaiyuan-Bai@outlook.com
Corresponding Author
Kaiyuan Bai
Available Online 30 December 2024.
DOI
10.2991/978-94-6463-638-3_16How to use a DOI?
Keywords
Fan Economy; Blockchain; Regulatory Mechanism; Token Settlement
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.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 December 2024
ISBN
978-94-6463-638-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-638-3_16How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Haotian Liu
AU  - Kaiyuan Bai
PY  - 2024
DA  - 2024/12/30
TI  - Blockchain Technology Empowers the Fan Economy: A Value Chain Analysis
BT  - Proceedings of the 5th International Conference on Economic Management and Big Data Application (ICEMBDA 2024)
PB  - Atlantis Press
SP  - 156
EP  - 169
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-638-3_16
DO  - 10.2991/978-94-6463-638-3_16
ID  - Liu2024
ER  -