IDEAS home Printed from https://ideas.repec.org/a/spr/elcore/v25y2025i5d10.1007_s10660-024-09881-y.html
   My bibliography  Save this article

Deciphering the world of NFTs: a scholarly review of trends, challenges, and opportunities

Author

Listed:
  • Muneer M. Alshater

    (The University of Jordan)

  • Nohade Nasrallah

    (CERIIM, Excelia Business School, France. 94230 Cachan (Campus d’aivancity))

  • Rim Khoury

    (Lebanese American University)

  • Mayank Joshipura

    (NMIMS University)

Abstract

This study presents a hybrid review of Non-Fungible Tokens (NFTs) utilizing a hybrid approach based on bibliometric and content analyses. Employing the Scopus database, we conducted a bibliometric analysis of 210 articles. Additionally, a thorough content analysis of the 43 most influential papers, filtered based on their publication in highly-ranked journals, is included to highlight key research themes and sub-themes. Most of the surveyed papers were qualitative and offered conceptual frameworks for NFT-based solutions to validate NFTs’ applicability and propagation of NFTs in various fields. The content analysis identifies six key streams: the common characteristics of NFTs, their expansion into creative industries, applications in both physical and digital realms, NFT-related hype on social media platforms, environmental impacts, market biases, legal and privacy issues, NFTs pricing strategies, diversification potential and connectedness, and the evolving role of NFTs in virtual and augmented reality landscapes. This study holds significant implications for managers, portfolio managers, investors, policymakers, and regulators.

Suggested Citation

  • Muneer M. Alshater & Nohade Nasrallah & Rim Khoury & Mayank Joshipura, 2025. "Deciphering the world of NFTs: a scholarly review of trends, challenges, and opportunities," Electronic Commerce Research, Springer, vol. 25(5), pages 4193-4249, October.
    • Handle: RePEc:spr:elcore:v:25:y:2025:i:5:d:10.1007_s10660-024-09881-y
    DOI: 10.1007/s10660-024-09881-y
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10660-024-09881-y
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10660-024-09881-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:elcore:v:25:y:2025:i:5:d:10.1007_s10660-024-09881-y. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.