Discussion on the Value of NFT Artwork Based on Blockchain Technology

Jian Rao, Mengzhen Xiong and Lucheng Duan

Chapter 73 in Internet Finance and Digital Economy:Advances in Digital Economy and Data Analysis Technology, 2023, pp 965-982 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The explosion of NFT artwork has enabled it to start a high-speed development model. As an emerging thing, NFT artwork has attracted widespread attention at home and abroad. This article sorts out the development of NFT artworks, analyzes the technical advantages of blockchain, and also reveals that there are still existing problems such as hype and institutional irregularity in the NFT artwork market. And based on the development status of NFT artworks, it will think and look forward to its future development trend towards the Metaverse.

Keywords: Internet Economy; Online Finance; Financial Engineering; Big Data; Blockchain; Supply Chain; E-commerce (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2023
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