Study on NFT Market Ecology and Pricing Mechanism from the Perspective of Economics

Non homogeneous token (NFT) based on blockchain is a kind of digital asset ownership recorded on blockchain, which is unique, irreplaceable and indivisible. As a core requirement in the smart economy, NFTs have been widely used in collectibles, encrypted artworks and games. Firstly, this paper expounds the development history of blockchain and NFT Technology. Then, from the perspective of market value, scarcity, application field, market transaction status and market risk analysis, the market ecology of NFTs is systematically expounded. Finally, the main influencing factors, pricing mechanism and main trading modes of NFT value evaluation is summarized. Keywords: Non-Fungible Token, Pricing Mechanism, Market Ecology the total balance of non-performing loans of major commercial banks shows a rising trend, which not only seriously weakens the economic support role of commercial banks, but also seriously affects the net profit income and economic asset quality of commercial banks. The national financial system under macroeconomic cognition adheres to the business philosophy of simultaneous development of indirect financing and direct financing, which means that if commercial banks have a credit crisis, it will cause a total collapse of the national financial system. In order to cope with the above problems, this paper conducts a study on the influence of macroeconomic factors on commercial banks’ non-performing loans, defines the meaning of non-performing loans by analyzing the concepts related to macroeconomic factors, and then starts from the perspective of classifying commercial banks’ non-performing loans and studying their industry distribution characteristics and financial vulnerability. According to the logical framework presentation, the ability of four categories of factors, namely, economic growth, inflation, unemployment, and monetary policy, to influence commercial banks’ non-performing loans is determined separately.