Semantic Literature Review on Non-Fungible Token: Expansion Area of Usage & Trends

Abstract

Blockchain, Metaverse & NFT are technologies that were booming during the Pandemic. As a derivative product of blockchain, the Non-Fungible Token (NFT) is one of the technologies that has attracted the most interest from investors and the public because of its potential benefits and has always been closely associated with the Metaverse as a main purposes research of the NFTs. This paper is to explore the possibilities and provide an overview of the current use of NFT technology so that it can provide insight for further research & gap with the big picture that it is trying to present in this paper. However, after exploring further related to NFT in this research, it was found that the problem that most people are trying to solve through NFT is related to the topic of Decentralization & Web3 not as a Metaverse main backbone.