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Non-fungible tokens (NFT): the technology, the ecosystem and the asset market

https://doi.org/10.22394/2079-1690-2024-1-1-110-117

EDN: NZDTHP

Abstract

The article considers non- fungible tokens as one of the types of digital financial assets. The purpose of the article is to study the modern NFT ecosystem and analyze the parameters of the NFT market. The indicators published in the analytical reports of the NFTGO consulting company, as well as scientific publications, were used. The definitions of the term "non- fungible token" are summarized, the criterion for classifying NFT objects is formulated; the participants of the NFT market are considered, the distinctive features of this market are highlighted. Based on the results of a quantitative analysis of the indicators of market capitalization and trading volume, conclusions were drawn about the NFT market in 2022. The elements of the NFT ecosystem are characterized, among which the development of NFT finance is the most promising.

About the Author

Yu. S. Evlakhova
Rostov State University of Economics
Russian Federation

Yu. S. Evlakhova – Dr. Sci. (Econ.), Associate Professor, Head of the Department of Financial Monitoring and Financial Markets, Chief Researcher

Rostov-on-Don



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Review

For citations:


Evlakhova Yu.S. Non-fungible tokens (NFT): the technology, the ecosystem and the asset market. State and municipal management. Scholar notes. 2024;(1):110-117. (In Russ.) https://doi.org/10.22394/2079-1690-2024-1-1-110-117. EDN: NZDTHP

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ISSN 2079-1690 (Print)
ISSN 2687-0290 (Online)