# 1-4. Problems and solutions

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**|  Issues**

1. &#x20;High-value transactions centered on a few well-known artists and fewer NFTs compared to other works of art.
2. Lack of a valuation system for non-famous general and new artworks, with the burden on customers when it comes to artist-centric unilateral pricing criteria
3. Limiting the entry of talented emerging artists centered on Generation MZ
4. Stable community-based vulnerability
5. Flagship NFT Platforms’ deteriorating competitive environments due to large digital asset exchanges entering the NFT market.

**|  Solution**

* **Discovering NFT art through NCOP’s NFT contest.** NFT contests function the same as popular user auditions. The result is increased marketability that boosts NCOP’s user base. By creating the foundation for a fanbase, NCOP preserves and defends its price.
* **User community centered on artist fanbases.** Making NFT art sharable across various channels increases interaction between artists and users (co-marketing effect). It also creates artist fanbases, builds a more robust user community, and maximizes the NFT Contest’s effectiveness.
* **Collective Intelligence Assessment System.** With the NFT Contest, users and experts collaborate jointly to assess NFTs in a collective-intelligence manner. The results are published for user reference, solving the issue related to authors arbitrarily setting NFT reference prices.
* **Incentives on participant activity criteria.** Services based on the activation of user and community engagement should be supported by Tokenomics, where incentives based on the level of activity can be distributed as compensation.
