Related papers: Identifying Security Risks in NFT Platforms
Non-fungible tokens or NFTs are the digital assets on a blockchain. NFTs are unique and they cannot be divided like cryptocurrencies. NFTs could store digital ownership of an artwork or collections or can be fan tokens or tickets for clubs.…
Non-fungible tokens (NFTs) offer a unique method for representing digital and physical assets on the blockchain. However, the NFT market has recently experienced a downturn in interest, mainly due to challenges related to high entry…
As emerging digital assets, NFTs are susceptible to anomalous trading behaviors due to the lack of stringent regulatory mechanisms, potentially causing economic losses. In this paper, we conduct the first systematic analysis of four…
Non-fungible tokens (NFTs) are unique digital assets stored on the blockchain and is used to certify ownership and authenticity of the digital asset. NFTs were first created in 2014 while their popularity peaked between 2021 and 2022. In…
At present, the concept of metaverse has sparked widespread attention from the public to major industries. With the rapid development of blockchain and Web3 technologies, the decentralized metaverse ecology has attracted a large influx of…
Non Fungible Tokens have changed digital ownership and how creators earn money. Between 2021 and 2024, the market value exceeded 40 billion. However, the fast growth of the NFT ecosystem has revealed serious issues in managing intellectual…
As cryptocurrency evolved, new financial instruments, such as lending and borrowing protocols, currency exchanges, fungible and non-fungible tokens (NFT), staking and mining protocols have emerged. A financial ecosystem built on top of a…
The Non-Fungible Tokens (NFTs) has the transformative impact on the visual arts industry by examining the nexus between empowering art practices and leveraging blockchain technology. First, we establish the context for this study by…
The derivative of token standard of Ethereum blockchain, termed as Non Fungible Token is distinguishable token. These tokens are bound with digital properties that provide them unique identification which helps in fulfilling the aim of…
Non Fungible Tokens (NFTs) are digital assets that represent objects like art, collectible, and in-game items. They are traded online, often with cryptocurrency, and are generally encoded within smart contracts on a blockchain. Public…
NFT (Non-fungible Token) has drastically increased in its size, accounting for over \$16.9B of total market capitalization. Despite the rapid growth of NFTs, this market has not been examined thoroughly from a financial perspective. In this…
Non-Fungible Tokens (NFTs), digital certificates of ownership for virtual art, have until recently been traded on a highly lucrative and speculative market. Yet, an emergence of misconceptions, along with a sustained market downtime, are…
Purpose: This paper aims to establish a fundamental and comprehensive understanding of Non-Fungible Tokens (NFTs) by identifying and structuring common characteristics within a taxonomy. NFTs are hyped and increasingly marketed as essential…
The rise of Web3 and Decentralized Finance (DeFi) has enabled borderless access to financial services empowered by smart contracts and blockchain technology. However, the ecosystem's trustless, permissionless, and borderless nature presents…
Non-fungible tokens (NFTs) serve as a representative form of digital asset ownership and have attracted numerous investors, creators, and tech enthusiasts in recent years. However, related fraud activities, especially phishing scams, have…
As a blockchain-based application, Non-Fungible Token (NFT) has received worldwide attention over the past few years. Digital artwork is the main form of NFT that can be stored on different blockchains. Although the NFT market is rapidly…
Cybersquatting refers to the practice where attackers register a domain name similar to a legitimate one to confuse users for illegal gains. With the growth of the Non-Fungible Token (NFT) ecosystem, there are indications that…
With the drive to create a decentralized digital economy, Web 3.0 has become a cornerstone of digital transformation, developed on the basis of computing-force networking, distributed data storage, and blockchain. With the rapid realization…
NFTs (Non-Fungible Tokens) have experienced an explosive growth and their record-breaking prices have been witnessed. Typically, the assets that NFTs represent are stored off-chain with a pointer, e.g., multi-hop URLs, due to the costly…
We quantify Non Fungible Token (NFT) rarity and investigate how it impacts market behaviour by analysing a dataset of 3.7M transactions collected between January 2018 and June 2022, involving 1.4M NFTs distributed across 410 collections.…