DEMOS is hosting the ‘NFT Idea Challenge 2020’, together with partners and judges from Japan’s leading investment fund, cryptocurrency exchange, and a blockchain startup company. We are accepting idea applications until Dec. 31. We appreciate your support and participation!

Problem Statement

Non-fungible tokens (NFTs) are tokens with unique characteristics, thus making them not mutually interchangeable. NFTs are used to create verifiable digital scarcity, digital ownership, and the possibility of asset interoperability across multiple platforms, and are often used to represent digital collectibles such as game items and tokenization of real-world assets.

We are contemplating new business opportunities using these characteristics of NFT, and would like to solicit ideas on the application of NFTs in our daily lives. (Please describe your idea in 280 characters.)

*When you apply your idea, it may be shared openly with the ICON community.

Evaluation Criteria

  • Creativity
  • Technical feasibility
  • Business value


  • 1st 300 ICX
  • 2nd 200 ICX
  • 3rd 100 ICX


  • Hiroyuki Motoyoshi, CEO of B Cryptos
  • Kensuke Amo, Executive Director of Coincheck
  • Seihaku Yoshida, CEO of Hashpalette
  • John Minkoo Kim, Representative Director of Deblock (Japan)