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Non-fungible tokens (NFTs), which are immutable and transferable tokens on blockchain networks, have been used to certify the ownership of digital images often grouped in collections. Depending on individual interests, wallets explore and…

Physics and Society · Physics 2024-01-19 Seonbin Jo , Woo-Sung Jung , Hyunuk Kim

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

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

By investigating nonfungible tokens (NFTs), we provide the first systematic study of retail investor behavior through asset bubbles. Given that NFTs are recorded in public blockchains, we are able to track investor behavior over time,…

Pricing of Securities · Quantitative Finance 2023-03-13 Andrea Barbon , Angelo Ranaldo

This paper adapts ideas from social identity theory to set out a new framework for modelling conspicuous consumption. Agents derive utility from their consumption of a status good and from belonging to an identity group with high status…

Theoretical Economics · Economics 2026-02-10 Alastair Langtry , Christian Ghiglino

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.…

Statistical Finance · Quantitative Finance 2024-05-24 Amin Mekacher , Alberto Bracci , Matthieu Nadini , Mauro Martino , Laura Alessandretti , Luca Maria Aiello , Andrea Baronchelli

In the realm of digital art and collectibles, NFTs are sweeping the board. Because of the massive sales to a new crypto audience, the livelihoods of digital artists are being transformed. It is no surprise that celebs are jumping on the…

The fervor for Non-Fungible Tokens (NFTs) attracted countless creators, leading to a Big Bang of digital assets driven by latent or explicit forms of inspiration, as in many creative processes. This work exploits Vision Transformers and…

Social and Information Networks · Computer Science 2025-03-18 Lucio La Cava , Davide Costa , Andrea Tagarelli

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

With the rapid increase in the use of social media in the last decade, the conspicuous consumption lifestyle within society has been now transferred to the social media. Along with the changing culture of consumption, the consumer who…

General Economics · Economics 2022-08-18 İbrahim Halil Efendioğku

In the evolving landscape of digital art, Non-Fungible Tokens (NFTs) have emerged as a groundbreaking platform, bridging the realms of art and technology. NFTs serve as the foundational framework that has revolutionized the market for…

Computational Engineering, Finance, and Science · Computer Science 2023-10-04 Vivian Ziemke , Benjamin Estermann , Roger Wattenhofer , Ye Wang

Crypto donations now represent a significant fraction of charitable giving worldwide. Nonfungible token (NFT) charity fundraisers, which involve the sale of NFTs of artistic works with the proceeds donated to philanthropic causes, have…

General Economics · Economics 2026-02-27 Chen Liang , Murat Tunc , Gordon Burtch

Do online narratives leave a measurable imprint on prices in markets for digital or cultural goods? This paper evaluates how community attention and sentiment relate to valuation in major Ethereum NFT collections after accounting for time…

General Economics · Economics 2026-02-03 Samiha Tariq

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

NFTs (Non-Fungible Tokens) have seen significant growth since they first captured public attention in 2021. However, the NFT market is plagued by fake transactions and economic bubbles, e.g., NFT wash trading. Wash trading typically refers…

Cryptography and Security · Computer Science 2024-07-23 Shijian Chen , Jiachi Chen , Jiangshan Yu , Xiapu Luo , Yanlin Wang

Recommender systems have become essential tools for enhancing user experiences across various domains. While extensive research has been conducted on recommender systems for movies, music, and e-commerce, the rapidly growing and…

Information Retrieval · Computer Science 2023-06-21 Seonmi Kim , Youngbin Lee , Yejin Kim , Joohwan Hong , Yongjae Lee

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

Recommender systems have been actively studied and applied in various domains to deal with information overload. Although there are numerous studies on recommender systems for movies, music, and e-commerce, comparatively less attention has…

Information Retrieval · Computer Science 2024-04-04 Minjoo Choi , Seonmi Kim , Yejin Kim , Youngbin Lee , Joohwan Hong , Yongjae Lee

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…

Cryptography and Security · Computer Science 2024-03-18 Yuanzheng Niu , Xiaoqi Li , Hongli Peng , Wenkai Li
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