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Discussion on the Value of NFT Artwork Based on Blockchain Technology

In: INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and Digital Economy, Kuala Lumpur, Malaysia, 19 – 21 August 2022

Author

Listed:
  • Jian Rao
  • Mengzhen Xiong
  • Lucheng Duan

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.

Suggested Citation

  • Jian Rao & Mengzhen Xiong & Lucheng Duan, 2023. "Discussion on the Value of NFT Artwork Based on Blockchain Technology," World Scientific Book Chapters, in: Faruk Balli (ed.), INTERNET FINANCE AND DIGITAL ECONOMY Advances in Digital Economy and Data Analysis TechnologyThe 2nd International Conference on Internet Finance and , chapter 73, pages 965-982, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811267505_0073
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    More about this item

    Keywords

    Internet Economy; Online Finance; Financial Engineering; Big Data; Blockchain; Supply Chain; E-commerce;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

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