On the Popularity of Non-Fungible Tokens: Preliminary Results

Abstract

Blockchain technology supports digital assets, which can take the form of cryptocurrencies and tokens. Tokens are usually created on top of the blockchain platform, using smart contracts. Two main categories of tokens exist: Fungible Tokens and Non-Fungible Tokens (NFTs). Here, we focus on NFTs and propose a correlation analysis between various NFTs' characteristics and the popularity of the NFTs. The results can have practical implications for both designers and users.