Blockchain technology is often associated with finance and cryptocurrency, but its applications reach far beyond these areas. Startups in the arts and entertainment sector are beginning to realize the power of the blockchain to revolutionize fan engagement, collectible trading, and creator monetization. Through the Lisk and CV Labs incubator program, companies like Pokecoin and Streamlivr are demonstrating how Web3 can create new opportunities and experiences for collectors, creators, and fans alike.

Pokecoin: Bridging Physical and Digital Collectibles with NFTs

Pokecoin is redefining the way people collect and trade high-value Pokémon cards by digitizing them as NFTs. By transforming a traditionally physical experience into a virtual one, Pokecoin is removing friction from the trading process and connecting collectors globally. MJ from Pokecoin shared insights into how blockchain plays a crucial role in their mission.

BLOCKCHAIN AS A TOOL FOR SECURE AND TRANSPARENT TRADING

Pokecoin’s NFT marketplace provides a way to trade Pokémon cards securely and transparently. Using Lisk’s blockchain technology, each card undergoes verification to ensure authenticity and quality, addressing common concerns like counterfeits and fraud. Through smart contracts, trades are instant, so buyers receive their digital collectibles at the same time sellers receive payment, eliminating the need for trust between parties and ensuring a seamless experience.

VALIDATING MARKET DEMAND

Since joining the incubator, Pokecoin has confirmed the demand for virtual Pokémon card trading through positive community feedback. The recent success of Pokémon’s app, Pocket, which gained millions of users trading virtual cards, supports Pokecoin’s vision to bridge the physical and digital aspects of collecting.

EXPANDING PARTNERSHIPS AND FEATURES

Looking ahead, Pokecoin has formed partnerships with game stores worldwide to facilitate NFT creation and redemption. These partnerships allow collectors to transform physical cards into NFTs and vice versa, providing flexibility. Pokecoin is also refining its marketplace with advanced search and auction capabilities to deliver the best user experience.

Streamlivr: revolutionizing fan-creator interactions through web3

Streamlivr is a livestreaming platform that enhances fan-creator connections by using blockchain to reward creators and foster authentic interactions. Mojeezy from Streamlivr explained how their approach is making the blockchain a meaningful part of the creator economy.

USING THE BLOCKCHAIN TO INCENTIVIZE ENGAGEMENT

Streamlivr integrates blockchain with its $LIVR token, rewarding creators for high-quality content and live engagement. Through the Lisk blockchain technology, creators can monetize their work transparently, and fans can purchase livestream NFTs and tickets, adding value and deepening connections.

DRIVING ADOPTION WITH GLOBAL OUTREACH

Streamlivr’s growth since joining the incubator program has been substantial, with a 60% increase in users and 50% rise in creator engagement. Through ambassadorships, festival partnerships, and strategic partnerships, Streamlivr is reaching a global audience and bringing Web3 to mainstream entertainment. The incubator program has provided valuable mentorship in business strategy and team management, helping Streamlivr scale effectively.

FUTURE PLANS FOR GLOBAL COMMUNITY BUILDING

Streamlivr’s vision for the future includes expanding creator rewards, enhancing platform features, and forming more partnerships to foster global community growth. By integrating Web3 applications in new and creative ways, Streamlivr is transforming the traditional fan-creator relationship and setting a new standard in the entertainment industry.

BLOCKCHAIN BEYOND FINANCE: NEW FRONTIERS IN CREATIVE INDUSTRIES

Industry Pokecoin and Streamlivr exemplify how the blockchain’s potential goes beyond finance and cryptocurrency. From collectible trading to livestreaming, these startups are proving that the blockchain can open new doors in the arts and entertainment sector, making interactions more secure, engaging, and rewarding. As blockchain adoption continues, it’s likely we’ll see even more creative uses for this technology, bringing Web3 to all aspects of life.

Find out more about the innovative startups taking part in the African Incubation Hub on our website:www.liskincubationhub.com.