NFT Primary Sale Price and Secondary Sale Prediction via Deep Learning

Abstract

Non Fungible Tokens (NFTs) are blockchain-based unique digital assets defining ownership deeds. They can characterize various different objects such as collectible, art, and in-game items. In general, NFTs are encoded by blockchains smart contracts, and they are traded via cryptocurrencies. Their price and investors attention on them has remarkably increased especially in 2021, making them promising alternative class of investment. Surprisingly, predicting their prices has only recently started to be analyzed systematically.