Non-Fungible Tokens: Blockchains, Scarcity, and Value

Abstract

Building on the groundswell of scholarly, practitioner, cultural, and investor interest in non-fungible tokens (NFTs), the aim of this paper is twofold. First, the paper presents early thoughts on the NFT space circa 2021, allowing for an ex-post evaluation of the assessments made at the time. Second, the paper recommends a multidisciplinary research agenda on NFTs, as encapsulated in the edited volume Non-Fungible Tokens (NFTs): Multidisciplinary Perspectives, highlighting the main areas of research promise and avenues of further enquiry. As such, the paper attempts to serve as a form of shorthand-guidebook for researchers interested in the domain of NFTs.