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The global Non-Fungible Token (NFT) Market was valued at USD 3.10 billion in 2023 and is projected to reach USD 18.55 billion by 2030, growing at a CAGR of 29.6%. NFTs are unique digital assets recorded on a blockchain, enabling ownership, trading, and monetization of digital files such as art, music, videos, and collectibles.
Tunjko, Jelena
core +4 more sources
Non-Fungible Tokens (NFT): A Systematic Review
Information, 2022 Non-fungible tokens (NFTs) are gaining in popularity and are already extensively implemented. New use cases for NFTs are constantly developing. NFTs may prevent counterfeiting since each token carries the owner’s digital signature and is thus unique. For
Hamed Taherdoost
doaj +1 more source
Meta‐Virtuality: Strategies of Disembeddedness in Virtual Interiorities
Journal of Interior Design, EarlyView., 2022 ABSTRACT To reclaim their seat in the rapidly growing market of virtual space, designers of the built environment can benefit from reevaluating theories that see the virtual as a mere extension/reflection of the physical. By claiming ontological autonomy from external worlds, the virtual is liberated from the hegemonic control of the physical.
Vahid Vahdat
wiley +1 more source
Non-Fungible Tokens and the Threat of Wash Trading
, 2023 Non-fungible tokens are a revolutionary concept that combines art, authenticity, proof of ownership and enables large-scale commerce. Their value does not come from their use in financial transactions, but from the fact that they are linked to specific ...
Tichý, Kryštof
core +2 more sources
Non-fungible token: a promising digital tool for business
Вестник университета, 2022 This paper presents a review of the current status and development trends of the non-fungible tokens’ technology (NFT), which are digital rights to unique objects recorded in the blockchain.
N. A. Kashevarova, I. S. Starikova
doaj +1 more source
Crowdfunding Non-fungible Tokens on the Blockchain [PDF]
, 2022 AbstractNon-fungible tokens (NFTs) have been used as a way of rewarding content creators. Artists publish their works on the blockchain as NFTs, which they can then sell. The buyer of an NFT then holds ownership of a unique digital asset, which can be resold in much the same way that real-world art collectors might trade paintings.However, while a deal
Sean Basu, Kimaya Basu, Thomas H. Austin
openaire +2 more sources
Evaluation of Non-Fungible Token (NFT)
CoRR, 2023 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 distinguishable tokens.
Priyanshu Lohar, Kiran Rathi
openaire +2 more sources
Legal Nature, Ruling, and Effects of Non-fungible Tokens (NFT) in Iranian Law [PDF]
حقوق فناوریهای نوینIn recent years, assets have emerged that can be used digitally in various fields, including artistic, historical, cultural, and sports. The value of these assets in common practice usually creates a legal relationship between the digital asset and its ...
Mohammad Mahdi Fatahian, Ftemeh Ghanad
doaj +1 more source
Tokenized Markets Using Blockchain Technology: Exploring Recent Developments and Opportunities
Information, 2023 The popularity of blockchain technology stems largely from its association with cryptocurrencies, but its potential applications extend beyond this. Fungible tokens, which are interchangeable, can facilitate value transactions, while smart contracts ...
Angel A. Juan +5 more
doaj +1 more source
A review of the key challenges of non-fungible tokens
, 2023 The nonfungible token (NFT) marketplace spiked in the recent past. The concept originated initially as a token standard of Ethereum, an open-source blockchain with smart contract functionality, where each token is characterized by distinguishable signs ...
Alhajj, Fadia +5 more
core +1 more source