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Non-Fungible Tokens (NFTs) are a type of digital asset that represents a proof of ownership over a particular digital item such as art, music, or real estate. Due to the non-fungible nature of NFTs, duplicate tokens should not possess the…

Databases · Computer Science 2023-03-24 Samrat Sahoo , Nitin Paul , Agam Shah , Andrew Hornback , Sudheer Chava

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…

Statistical Finance · Quantitative Finance 2021-11-02 Matthieu Nadini , Laura Alessandretti , Flavio Di Giacinto , Mauro Martino , Luca Maria Aiello , Andrea Baronchelli

A non-fungible token (NFT) is a data unit stored on the blockchain. Nowadays, more and more investors and collectors (NFT traders), who participate in transactions of NFTs, have an urgent need to assess the performance of NFTs. However,…

Computer Vision and Pattern Recognition · Computer Science 2023-07-04 Fan Yan , Xumeng Wang , Ketian Mao , Wei Zhang , Wei Chen

The Non-Fungible Token (NFT) market is mushrooming in recent years. The concept of NFT originally comes from a token standard of Ethereum, aiming to distinguish each token with distinguishable signs. This type of token can be bound with…

Cryptography and Security · Computer Science 2021-10-26 Qin Wang , Rujia Li , Qi Wang , Shiping Chen

The non-fungible token (NFT) is an emergent type of cryptocurrency that has garnered extensive attention since its inception. The uniqueness, indivisibility and humanistic value of NFTs are the key characteristics that distinguish them from…

Computers and Society · Computer Science 2023-01-10 Yixiang Tan , Zhiying Wu , Jieli Liu , Jiajing Wu , Zibin Zheng , Ting Chen

Non-fungible tokens (NFTs) are unique digital items with blockchain managed ownership. Ethereum blockchain based smart contract created the environment for NFTs (ERC721) to reach its one of the most important future application domains. Non…

Social and Information Networks · Computer Science 2022-11-29 Prakhyat Khati

Non-fungible token (NFT) is a tradable unit of data stored on the blockchain which can be associated with some digital asset as a certification of ownership. The past several years have witnessed the exponential growth of the NFT market. In…

Cryptography and Security · Computer Science 2023-06-08 Shuwei Li , Yucheng Jin , Pin-Lun Hsu , Ya-Sin Luo

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…

Cryptography and Security · Computer Science 2022-09-30 Sarah Barrington , Nick Merrill

Non-fungible tokens (NFTs) are digital assets stored on a blockchain representing real-world objects such as art or collectibles. An NFT collection comprises numerous tokens; each token can be transacted multiple times. It is a…

Computational Finance · Quantitative Finance 2023-02-07 Wesley Joon-Wie Tann , Akhil Vuputuri , Ee-Chien Chang

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…

Computers and Society · Computer Science 2022-09-13 Eduard Hartwich , Philipp Ollig , Gilbert Fridgen , Alexander Rieger

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…

Cryptography and Security · Computer Science 2022-12-22 Ziwei Wang , Jiashi Gao , Xuetao Wei

Non-Fungible Tokens (NFTs) represent deeds of ownership, based on blockchain technologies and smart contracts, of unique crypto assets on digital art forms (e.g., artworks or collectibles). In the spotlight after skyrocketing in 2021, NFTs…

Machine Learning · Computer Science 2023-02-07 Davide Costa , Lucio La Cava , Andrea Tagarelli

Non-fungible tokens (NFTs) drive the prosperity of the Web3 ecosystem. By November 2023, the total market value of NFT projects reached approximately 16 billion USD. Accompanying the success of NFTs are various security issues, i.e.,…

Cryptography and Security · Computer Science 2023-12-14 Kai Ma , Jintao Huang , Ningyu He , Zhuo Wang , Haoyu Wang

Non-fungible tokens (NFTs) as a decentralized proof of ownership represent one of the main reasons why Ethereum is a disruptive technology. This paper presents the first systematic study of the interactions occurring in a number of NFT…

Social and Information Networks · Computer Science 2021-10-26 S. Casale-Brunet , P. Ribeca , P. Doyle , M. Mattavelli

We argue that the technical foundations of non-fungible tokens (NFTs) remain inadequately understood. Prior research has focused on market dynamics, user behavior, and isolated security incidents, yet systematic analysis of the standards…

Cryptography and Security · Computer Science 2025-08-12 Minfeng Qi , Qin Wang , Guangsheng Yu , Ruiqiang Li , Victor Zhou , Shiping Chen

Non-Fungible Tokens (NFTs) are a new development in blockchain technology. News around NFTs is surrounded by skepticism because unrealistically high prices are being paid online for these NFTs which are in the form of apparently simple…

Networking and Internet Architecture · Computer Science 2022-08-10 Najam A. Anjum , Mubashir Husain Rehmani

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…

Cryptography and Security · Computer Science 2025-12-02 Wenkai Li , Zongwei Li , Xiaoqi Li , Chunyi Zhang , Xiaoyan Zhang , Yuqing Zhang

NFTs (Non-Fungible Tokens) are blockchain-based cryptographic tokens to represent ownership of unique content such as images, videos, or 3D objects. Despite NFTs' increasing popularity and skyrocketing trading prices, little is known about…

Computers and Society · Computer Science 2022-02-01 Tanusree Sharma , Zhixuan Zhou , Yun Huang , Yang Wang

Non-fungible tokens (NFT) have recently emerged as a novel blockchain hosted financial asset class that has attracted major transaction volumes. Investment decisions rely on data and adequate preprocessing and application of analytics to…

Statistical Finance · Quantitative Finance 2023-02-23 Jason B. Cho , Sven Serneels , David S. Matteson

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…

Cryptography and Security · Computer Science 2025-08-05 Priyanshu Lohar , Kiran Rathi
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