Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 5, 2022 erstellt
Beschreibung:
The non-fungible token market is a new and ever-changing ecosystem. Research was conducted to examine the NFT market’s adherence to traditional economic models of demand. Such research is crucial in understanding NFTs as viable investment pieces; to this end, a combination of firsthand data analysis and synthesis of pre-existing research was performed. Findings indicate that the demand for Collectible NFTs is greatly associated with its presumed components. Bitcoin pricing may also cause changes in overall NFT demand and be linked to the average prices of Art NFTs. What users should recognize from this research is that while the NFT market is volatile, its most popular and applicable sector in investment adheres to important principles/indicators of demand – and that, overall, NFTs may be intelligent auxiliaries to cryptocurrency portfolios