IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-724-3_30.html

Why There is the Imbalance Income Distribution in the NFT Markets? An Evolutionary Game Study

In: Proceedings of the 2025 5th International Conference on Informatization Economic Development and Management (IEDM 2025)

Author

Listed:
  • Hemiao Gao

    (Shandong Normal University, Business School)

Abstract

Imbalance income distribution is the important problem disturbing NFT markets, this paper applies an evolutionary game model and network externality theory to discuss why there is the huge differentiation of price and demand between NFTs. By constructing the three-sided model, this paper conducts the simulation analysis, then gives the explanation for the imbalance distribution. Firstly, the network externality increases the utility of the earlier and famous NFTs, and buyers have limited attention on the NFTs’ value, so the buyers prefer the earlier and famous NFTs rather than non-famous or new NFTs. Secondly, network externality increases the buyers’ demand for earlier and famous NFTs, so they can keep a high price. Thirdly, Expansion of market size makes the non-famous and new NFTs keep a low price. this paper makes several contributions: firstly, it explores the unequal distribution in NFTs markets, filling a gap in existing research, which focuses on copyright-related problems. Secondly, it applies the theory of network externality and evolutionary game model, providing a new idea to explore the distribution of profits in NFT markets.

Suggested Citation

  • Hemiao Gao, 2025. "Why There is the Imbalance Income Distribution in the NFT Markets? An Evolutionary Game Study," Advances in Economics, Business and Management Research, in: Meilin Zhang & Au Yong Hui Nee & Khurram Shehzad & Sameer Kumar & Ehsan Javanmardi (ed.), Proceedings of the 2025 5th International Conference on Informatization Economic Development and Management (IEDM 2025), pages 304-310, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-724-3_30
    DOI: 10.2991/978-94-6463-724-3_30
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;

    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:advbcp:978-94-6463-724-3_30. 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.