poster

Stakeholders and Value in the NFT Ecosystem: Towards a Multi-disciplinary Understanding of the NFT Phenomenon

Authors:

Mehmet Aydın Baytaş,

Amos Cappellaro,

Ylva FernaeusAuthors Info & Claims

CHI EA '22: CHI Conference on Human Factors in Computing Systems Extended Abstracts

Article No.: 211, Pages 1 - 8

https://doi.org/10.1145/3491101.3519694

Published: 28 April 2022 Publication History

CHI EA '22: CHI Conference on Human Factors in Computing Systems Extended Abstracts

Stakeholders and Value in the NFT Ecosystem: Towards a Multi-disciplinary Understanding of the NFT Phenomenon

Pages 1 - 8

Abstract
Supplementary Material
References

Abstract

Non-fungible tokens (NFTs) have been a defining trend for design, technology, and business in 2021. The value, legitimacy, and utility of NFTs is disputed: proponents highlight revolutionary economic and cultural potentials of an open, secure, and immutable ownership database, while opponents are displeased by the environmental issues and abundant wrongdoing in the ecosystem. Nevertheless, the phenomenon is relevant to HCI, and signifies important developments for future interactive products. To better understand the NFT phenomenon, and to inform future HCI research and design, we investigated the stakeholders in the NFT ecosystem and relations between them. Based on open data we mined from the social news website Hacker News, we contribute the first data-backed model of stakeholders in the NFT ecosystem. The model reveals a nuanced account of the outlooks of creators, owners, and technologists; identifies investment firms and auction houses as arbiters of knowledge and value; and presents implications for future research.

Supplementary Material

MP4 File (3491101.3519694-talk-video.mp4)

Talk Video

Download
105.48 MB

References

[1]

David Y Aharon and Ender Demir. 2021. NFTs and asset class spillovers: Lessons from the period around the COVID-19 pandemic. Finance Research Letters(2021), 102515.

[2]

Javier Arcenegui, Rosario Arjona, and Iluminada Baturone. 2020. Secure Management of IoT Devices Based on Blockchain Non-fungible Tokens and Physical Unclonable Functions. In Applied Cryptography and Network Security Workshops, Jianying Zhou, Mauro Conti, Chuadhry Mujeeb Ahmed, Man Ho Au, Lejla Batina, Zhou Li, Jingqiang Lin, Eleonora Losiouk, Bo Luo, Suryadipta Majumdar, Weizhi Meng, Martín Ochoa, Stjepan Picek, Georgios Portokalidis, Cong Wang, and Kehuan Zhang (Eds.). Springer International Publishing, Cham, 24–40.

[3]

Lanre Bakara. 2021. Collector buys fake Banksy NFT for £244,000. The Guardian (Sept. 2021). https://www.theguardian.com/technology/2021/sep/01/collector-buys-fake-banksy-nft-for-244000 Accessed: 2022-01-12.

[4]

Nina Bambysheva. 2021. NFT Market Generated Over $23 Billion In Trading Volume In 2021. Forbes (Dec. 2021). https://www.forbes.com/sites/ninabambysheva/2021/12/23/nfts-generated-over-23-billion-in-trading-volume-in-2021/ Accessed: 2022-01-03.

[5]

Titus Barik, Brittany Johnson, and Emerson Murphy-Hill. 2015. I Heart Hacker News: Expanding Qualitative Research Findings by Analyzing Social News Websites. In Proceedings of the 2015 10th Joint Meeting on Foundations of Software Engineering (Bergamo, Italy) (ESEC/FSE 2015). Association for Computing Machinery, New York, NY, USA, 882–885. https://doi.org/10.1145/2786805.2803200

Digital Library

[6]

Mehmet Aydın Baytaş, Aykut Coşkun, Asim Evren Yantaç, and Morten Fjeld. 2018. Towards Materials for Computational Heirlooms: Blockchains and Wristwatches. In Proceedings of the 2018 Designing Interactive Systems Conference (Hong Kong, China) (DIS ’18). Association for Computing Machinery, New York, NY, USA, 703–717. https://doi.org/10.1145/3196709.3196778

Digital Library

[7]

Eli Blevis and Erik Stolterman. 2007. Ensoulment and sustainable interaction design. In Proceedings of IASDR 2007 (Hong Kong).

[8]

Vitalik Buterin. 2013. Bootstrapping a Decentralized Autonomous Corporation: Part I. Bitcoin Magazine (Sept. 2013). https://bitcoinmagazine.com/technical/bootstrapping-a-decentralized-autonomous-corporation-part-i-1379644274 Accessed: 2022-01-03.

[9]

Sarah Cascone. 2021. A Neuroscientist and a Physicist Used AI to Recreate a Lost Painting Buried Under a Beloved Picasso Canvas. Artnet News (April 2021). https://news.artnet.com/art-world/lost-painting-under-picasso-masterpiece-recreated-as-an-nft-1957407 Accessed: 2022-01-06.

[10]

Amy Castor. 2021. Metakovan, the mystery Beeple art buyer, and his NFT/DeFi scheme. https://amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme/ Accessed: 2022-01-12.

[11]

Andy Chalk. 2021. ’Evolved Apes’ NFT creator Evil Ape disappears with $2.7M. PC Gamer (Oct. 2021). https://www.pcgamer.com/evolved-apes-nft-creator-evil-ape-disappears-with-dollar27m/ Accessed: 2022-01-06.

[12]

Sonal Chokshi, Chris Dixon, Denis Nazarov, Jesse Walden, and Linda Xie. 2021. NFT Canon. Future (April 2021). https://future.a16z.com/nft-canon/ Accessed: 2022-01-11.

[13]

Mitchell Clark. 2021. Epic says it’s ‘open’ to blockchain games after Steam bans them. The Verge (Oct. 2021). https://www.theverge.com/2021/10/15/22729050/epic-game-store-open-to-blockchain-cryptocurrency-nft-games Accessed: 2022-01-12.

[14]

Mitchell Clark. 2021. Photoshop will get a ‘prepare as NFT’ option soon. The Verge (Oct. 2021). https://www.theverge.com/2021/10/26/22745506/adobe-nft-art-theft-content-credentials-opensea-rarible-photoshop Accessed: 2022-01-12.

[15]

Mitchell Clark. 2021. Sir Tim Berners-Lee is selling the first web browser’s code as an NFT. The Verge (June 2021). https://www.theverge.com/2021/6/15/22535479/tim-berners-lee-nft-worldwideweb-source-code-auction Accessed: 2022-01-12.

[16]

Mitchell Clark. 2021. Valve bans blockchain games and NFTs on Steam, Epic will try to make it work. The Verge (Oct. 2021). https://www.theverge.com/2021/10/15/22728425/valve-steam-blockchain-nft-crypto-ban-games-age-of-rust Accessed: 2022-01-12.

[17]

Cointelegraph Research. 2021. Blockchains vie for NFT market, but Ethereum still dominates — Report. Cointelegraph (Oct. 2021). https://cointelegraph.com/news/blockchains-vie-for-nft-market-but-ethereum-still-dominates-report Accessed: 2022-01-08.

[18]

Tyler Colp. 2021. EA calls NFT and blockchain games ’the future of our industry’. PG Gamer (Nov. 2021). https://www.pcgamer.com/ea-calls-nft-and-blockchain-games-the-future-of-our-industry/ Accessed: 2022-01-08.

[19]

Natasha Dailey. 2021. GameStop is hiring a team of NFT and Web3 specialists as its pushes into the future of the internet. Business Insider (Oct. 2021). https://markets.businessinsider.com/news/currencies/gamestop-nft-web3-jobs-specialists-crypto-2021-10 Accessed: 2022-01-12.

[20]

Anil Dash. 2021. NFTs Weren’t Supposed to End Like This. The Atlantic (April 2021). https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/ Accessed: 2022-01-03.

[21]

Géraldine David, Kim Oosterlinck, and Ariane Szafarz. 2013. Art market inefficiency. Economics Letters 121, 1 (2013), 23–25.

[22]

Johnny Diaz. 2021. Miramax Sues Quentin Tarantino Over Planned ‘Pulp Fiction’ NFTs. The New York Times (Nov. 2021). https://www.nytimes.com/2021/11/17/business/miramax-tarantino-nft-pulp-fiction.html Accessed: 2022-01-12.

[23]

Chris Dixon. 2018. Why Decentralization Matters. OneZero (Feb. 2018). https://onezero.medium.com/why-decentralization-matters-5e3f79f7638e Accessed: 2022-01-03.

[24]

An P Doan, Richard J Johnson, Mark W Rasmussen, Courtney Lyons Snyder, Joshua B Sterling, and D Grayson Yeargin. 2021. NFTs: Key US Legal Considerations for an Emerging Asset Class.Journal of Taxation of Investments 38, 4 (2021).

[25]

Chris Elsden, Arthi Manohar, Jo Briggs, Mike Harding, Chris Speed, and John Vines. 2018. Making Sense of Blockchain Applications: A Typology for HCI. Association for Computing Machinery, New York, NY, USA, 1–14. https://doi.org/10.1145/3173574.3174032

Digital Library

[26]

William Entriken, Dieter Shirley, Jacob Evans, and Nastassia Sachs. 2018. EIP-721: Non-Fungible Token Standard. Ethereum Improvement Proposals721 (2018). https://eips.ethereum.org/EIPS/eip-721 Accessed: 2022-01-10.

[27]

Fact.MR. 2021. Microcontroller Market. https://www.factmr.com/report/4556/microcontroller-market Accessed: 2022-01-03.

[28]

Marie Fazio. 2021. The World Knows Her as ‘Disaster Girl.’ She Just Made $500,000 Off the Meme.The New York Times (April 2021). https://www.nytimes.com/2021/04/29/arts/disaster-girl-meme-nft.html Accessed: 2022-01-12.

[29]

Allan Fowler and Johanna Pirker. 2021. Tokenfication - The Potential of Non-Fungible Tokens (NFT) for Game Development. Association for Computing Machinery, New York, NY, USA, 152–157. https://doi.org/10.1145/3450337.3483501

Digital Library

[30]

Massimo Franceschet. 2020. Art for Space. J. Comput. Cult. Herit. 13, 3, Article 24 (aug 2020), 9 pages. https://doi.org/10.1145/3402443

Digital Library

[31]

Ekin Genç. 2021. Overly Attached Girlfriend NFT Sells For $411,000. Decrypt (April 2021). https://decrypt.co/63891/overly-attached-girlfriend-nft-sells-for-411000 Accessed: 2022-01-12.

[32]

Ekin Genç. 2021. Tor Sells NFT of First.onion URL For $2 Million in ETH to PleasrDAO. Decrypt (May 2021). https://decrypt.co/71017/tor-sells-nft-of-first-onion-url-for-2-million-in-eth-to-pleasrdao Accessed: 2022-01-12.

[33]

Paul Graham. 2021. An NFT That Saves Lives. http://paulgraham.com/nft.html Accessed: 2022-01-12.

[34]

Pedro Herrera. 2021. 2021 Dapp Industry Report. DappRadar (Dec. 2021). https://dappradar.com/blog/2021-dapp-industry-report Accessed: 2022-01-03.

[35]

Samantha Hissong. 2021. How Four NFT Novices Created a Billion-Dollar Ecosystem of Cartoon Apes. Rolling Stone (Nov. 2021). https://www.rollingstone.com/culture/culture-news/bayc-bored-ape-yacht-club-nft-interview-1250461/ Accessed: 2022-01-12.

[36]

Samantha Hissong. 2021. ‘A Huge Scam’: Fans Who Bought Tekashi 6ix9ine-Backed NFTs Are Pissed. Rolling Stone (Dec. 2021). https://www.rollingstone.com/culture/culture-news/tekashi-6ix9ine-trollz-nft-scam-hack-1272511/ Accessed: 2022-01-06.

[37]

Elizabeth Howcroft. 2021. Sotheby’s to sell ’first’ NFT in online auction. Reuters (June 2021). https://www.reuters.com/technology/sothebys-sell-first-nft-online-auction-2021-06-01/ Accessed: 2022-01-12.

[38]

IBISWorld. [n.d.]. Graphic Designers in the US. https://www.ibisworld.com/industry-statistics/market-size/graphic-designers-united-states/ Accessed: 2022-01-03.

[39]

Li Jin. 2019. The Passion Economy and the Future of Work. Future (Oct. 2019). https://future.a16z.com/passion-economy/ Accessed: 2022-01-03.

[40]

Heekyoung Jung, Shaowen Bardzell, Eli Blevis, James Pierce, and Erik Stolterman. 2011. How deep is your love: Deep narratives of ensoulment and heirloom status. International Journal of Design 5, 1 (2011).

[41]

Jacob Kastrenakes. 2021. Grimes sold $6 million worth of digital art as NFTs. The Verge (March 2021). https://www.theverge.com/2021/3/1/22308075/grimes-nft-6-million-sales-nifty-gateway-warnymph Accessed: 2022-01-12.

[42]

Heather Kelly. 2021. People really are giving NFTs as gifts. Results may vary.The Washington Post (Dec. 2021). https://www.washingtonpost.com/technology/2021/12/23/nft-holiday-gift/ Accessed: 2022-01-12.

[43]

Yogita Khatri. 2021. NFT trading volume surpassed $13 billion in 2021. The Block (Dec. 2021). https://www.theblockcrypto.com/linked/128676/nft-trading-volume-surpassed-13-billion-in-2021 Accessed: 2022-01-03.

[44]

Erika Lee. 2021. Meet Vinnie Hager, the Artist Behind Letters. ONE37pm (Nov. 2021). https://www.one37pm.com/nft/art/vinnie-hager-letters-nft-interview Accessed: 2022-01-12.

[45]

Jim R Macnamara. 2005. Media content analysis: Its uses, benefits and best practice methodology. Asia Pacific Public Relations Journal 6, 1 (2005), 1–34.

[46]

Youcef Maouchi, Lanouar Charfeddine, and Ghassen El Montasser. 2021. Understanding digital bubbles amidst the COVID-19 pandemic: Evidence from DeFi and NFTs. Finance Research Letters(2021), 102584.

[47]

Moxie Marlinspike. 2022. My first impressions of web3. (Jan. 2022). https://moxie.org/2022/01/07/web3-first-impressions.html Accessed: 2022-01-11.

[48]

Packy McCormick. 2021. The Dao of DAOs. Not Boring by Packy McCormick (March 2021). https://www.notboring.co/p/the-dao-of-daos Accessed: 2022-01-03.

[49]

Packy McCormick. 2021. Nifty Corporates. Not Boring by Packy McCormick (Aug. 2021). https://www.notboring.co/p/nifty-corporates Accessed: 2022-01-03.

[50]

Packy McCormick. 2021. Power to the Person. Not Boring by Packy McCormick (Feb. 2021). https://www.notboring.co/p/power-to-the-person Accessed: 2022-01-03.

[51]

Packy McCormick. 2021. Status Monkeys. Not Boring by Packy McCormick (Aug. 2021). https://www.notboring.co/p/status-monkeys Accessed: 2022-01-03.

[52]

Matthieu Nadini, Laura Alessandretti, Flavio Di Giacinto, Mauro Martino, Luca Maria Aiello, and Andrea Baronchelli. 2021. Mapping the NFT revolution: market trends, trade networks, and visual features. Scientific Reports 11 (Oct. 2021). https://doi.org/10.1038/s41598-021-00053-8

[53]

NIKE, Inc.2021. NIKE, Inc. Acquires RTFKT. NIKE News (Dec. 2021). https://news.nike.com/news/nike-acquires-rtfkt Accessed: 2022-01-12.

[54]

NonFungible.com. 2022. Market Overview. https://nonfungible.com/market/history. Accessed: 2022-01-03.

[55]

NonFungible.com L’Atelier BNP Paribas. 2020. Non-fungible Tokens Yearly Report 2020. NonFungible.com.

[56]

Kris Nóva. 2021. Woke up to an NFT of myself. https://nivenly.com/lib/2021-12-22-nft/ Accessed: 2022-01-12.

[57]

Ifeanyi E. Okonkwo. 2021. NFT, Copyright; and Intellectual Property Commercialisation. International Journal of Law and Information Technology (2021). https://dx.doi.org/10.2139/ssrn.3856154

[58]

Jay Peters. 2021. S.T.A.L.K.E.R. 2 will no longer have NFTs after fan outcry. The Verge (Dec. 2021). https://www.theverge.com/2021/12/16/22840488/stalker-2-nft-metahuman-gsc-web3-canceled Accessed: 2022-01-12.

[59]

Luke Plunkett. 2021. Twitch Co-Founder Gets Discord Hacked, $150,000 Stolen From Users In NFT Scam. Kotaku (Dec. 2021). https://kotaku.com/twitch-co-founder-gets-discord-hacked-150-000-stolen-1848255976 Accessed: 2022-01-12.

[60]

Aloys Leo Prinz. 2022. The concentration of power in the market for contemporary art: an empirical analysis of ArtReview’s “Power 100”. SN Business & Economics 2, 1 (2022), 1–32.

[61]

Mickey Rapkin. 2021. ‘Beeple Mania’: How Mike Winkelmann Makes Millions Selling Pixels. Esquire (Feb. 2021). https://www.esquire.com/entertainment/a35500985/who-is-beeple-mike-winkelmann-nft-interview/ Accessed: 2022-01-12.

[62]

David Revoy. 2021. Dream Cats NFT: don’t buy them. https://www.davidrevoy.com/article864/dream-cats-nfts-don-t-buy-them Accessed: 2022-01-12.

[63]

Dan Runcie. 2021. The Overlooked Levels of the Creator Economy. Future (Nov. 2021). https://future.a16z.com/creator-economy-levels/ Accessed: 2022-01-12.

[64]

Robert Sanders. 2021. First-ever auction of NFT based on Nobel Prize nets UC Berkeley $50,000. Berkeley News (June 2021). https://news.berkeley.edu/2021/06/08/first-ever-auction-of-nft-based-on-nobel-prize-nets-uc-berkeley-50000/ Accessed: 2022-01-03.

[65]

Walter Santagata. 1995. Institutional anomalies in the contemporary art market. Journal of Cultural Economics 19, 2 (1995), 187–197.

[66]

Lisa Schleifer. 2021. Former First Lady Melania Trump to Launch NFT Collection on Solana Called Melania’s Vision. The Verge (Dec. 2021). https://coinstodian.com/former-first-lady-melania-trump-to-launch-nft-collection-on-solana-called-melanias-vision Accessed: 2022-01-12.

[67]

Tim Schneider. 2021. The Gray Market: How a Brazen Hack of That $69 Million Beeple Revealed the True Vulnerability of the NFT Market (and Other Insights). Artnet News (April 2021). https://news.artnet.com/opinion/sleepminting-nftheft-monsieur-personne-1960744 Accessed: 2022-01-06.

[68]

Alesja Serada, Tanja Sihvonen, and J. Tuomas Harviainen. 2020. CryptoKitties and the New Ludic Economy: How Blockchain Introduces Value, Ownership, and Scarcity in Digital Gaming. Games and Culture 16, 4 (Feb. 2020). https://doi.org/10.1177/1555412019898305

[69]

David Shariatmadari. 2021. Get your crypto at the ready: NFTs are big in 2021. Collins Language Lovers (Nov. 2021). https://blog.collinsdictionary.com/language-lovers/get-your-crypto-at-the-ready-nfts-are-big-in-2021/ Accessed: 2022-01-08.

[70]

Herbert A. Simon. 1996. The Sciences of the Artificial. MIT press.

Digital Library

[71]

Statista. [n.d.]. Digital Cameras - Worldwide | Statista Market Forecast. https://www.statista.com/outlook/cmo/consumer-electronics/tv-radio-multimedia/digital-cameras/worldwide Accessed: 2022-01-03.

[72]

Chris Stokel-Walker. 2021. This $1.5 million ‘women-led’ NFT project was actually run by Russian dudes. Input (Dec. 2021). https://www.inputmag.com/culture/fame-lady-squad-nft-women-men-scandal-scam Accessed: 2022-01-06.

[73]

Dean Takahashi. 2020. Vorhaus Advisors: 63% of gamers want virtual goods with real-world value. VentureBeat (Dec. 2020). https://venturebeat.com/2020/12/09/vorhaus-advisors-63-of-gamers-would-spend-more-on-virtual-goods-with-real-world-value/ Accessed: 2022-01-12.

[74]

Dean Takahashi. 2021. Chainalysis: After $26.9B in trading, are NFTs poised for a boom or crash?VentureBeat (Dec. 2021). https://venturebeat.com/2021/12/06/chainalysis-after-26-9b-in-trading-are-nfts-poised-for-a-boom-or-crash/ Accessed: 2022-01-03.

[75]

Langston Thomas. 2021. Pak’s Nifty Gateway Drop Sets World Record as Largest-Ever Sale by a Living Artist. NFT Now (Dec. 2021). https://nftnow.com/news/pak-merge-nifty-gateway-record-breaking-art-sale/ Accessed: 2022-01-12.

[76]

Joe Tidy. 2021. Banksy was warned about website flaw before NFT hack scam. BBC News (Sept. 2021). https://www.bbc.com/news/technology-58437753 Accessed: 2022-01-12.

[77]

Foteini Valeonti, Antonis Bikakis, Melissa Terras, Chris Speed, Andrew Hudson-Smith, and Konstantinos Chalkias. 2021. Crypto Collectibles, Museum Funding and OpenGLAM: Challenges, Opportunities and the Potential of Non-Fungible Tokens (NFTs). Applied Sciences 11, 21 (2021). https://doi.org/10.3390/app11219931

[78]

Thorsten Veblen. 1899. The Theory of the Leisure Class. An Economic Study in the Evolution of Institutions.

[79]

Peter-Paul Verbeek. 2005. What things do: Philosophical reflections on technology, agency, and design. Penn State Press.

[80]

Laurie Voss. 2022. Crypto: the good, the bad and the ugly. Personal Website (Jan. 2022). https://seldo.com/posts/crypto-the-good-the-bad-and-the-ugly Accessed: 2022-01-12.

[81]

Jonty Wareing. 2021. Twitter Thread. https://twitter.com/jonty/status/1372165292751732740 Accessed: 2022-01-12.

[82]

Wendover Productions. 2021. The Art Market is a Scam (And Rich People Run It. YouTube (Oct. 2021). https://youtu.be/ZZ3F3zWiEmc Accessed: 2022-01-12.

[83]

Amy Whitaker. 2019. Art and Blockchain. Artivate 8, 2 (Oct. 2019). https://artivate.org/artivate/article/view/94

[84]

Anna Wiener. 2019. The Lonely Work of Moderating Hacker News. The New Yorkwe (Aug. 2019). https://www.newyorker.com/news/letter-from-silicon-valley/the-lonely-work-of-moderating-hacker-news Accessed: 2022-01-12.

[85]

Kathleen Bridget Wilson, Adam Karg, and Hadi Ghaderi. 2021. Prospecting non-fungible tokens in the digital economy: Stakeholders and ecosystem, risk and opportunity. Business Horizons (2021). https://doi.org/10.1016/j.bushor.2021.10.007

[86]

Linda Xie. 2021. A beginner’s guide to DAOs. Linda Xie (March 2021). https://linda.mirror.xyz/Vh8K4leCGEO06_qSGx-vS5lvgUqhqkCz9ut81WwCP2o Accessed: 2022-01-03.

[87]

Linda Xie. 2021. A beginner’s guide to NFTs. Linda Xie (Jan. 2021). https://linda.mirror.xyz/df649d61efb92c910464a4e74ae213c4cab150b9cbcc4b7fb6090fc77881a95d Accessed: 2022-01-03.

[88]

John Zimmerman, Jodi Forlizzi, and Shelley Evenson. 2007. Research Through Design As a Method for Interaction Design Research in HCI. In Proceedings of the SIGCHI Conference on Human Factors in Computing Systems (San Jose, California, USA) (CHI ’07). ACM, New York, NY, USA, 493–502. https://doi.org/10.1145/1240624.1240704

Digital Library

Cited By

Bala R(2024)NFT-Based Marketing CampaignsAdoption of NFTs and Cryptocurrency in Marketing10.4018/979-8-3693-1392-3.ch008(91-120)Online publication date: 22-Mar-2024
https://doi.org/10.4018/979-8-3693-1392-3.ch008
Xiao YDeng BChen SZhou KLC RZhang LTong X(2024)"Centralized or Decentralized?": Concerns and Value Judgments of Stakeholders in the Non-Fungible Tokens (NFTs) MarketProceedings of the ACM on Human-Computer Interaction10.1145/36373058:CSCW1(1-34)Online publication date: 26-Apr-2024
https://dl.acm.org/doi/10.1145/3637305
Elsden CMorgan ETallyn EBlack SDisley MSchafer BMurray-Rust DSpeed C(2024)A Token Gesture: Non-Transferable NFTs, Digital Possessions and Ownership DesignProceedings of the ACM on Human-Computer Interaction10.1145/36373028:CSCW1(1-29)Online publication date: 26-Apr-2024
https://dl.acm.org/doi/10.1145/3637302
Show More Cited By

Recommendations

Understanding Security Issues in the NFT Ecosystem
CCS '22: Proceedings of the 2022 ACM SIGSAC Conference on Computer and Communications Security

Non-Fungible Tokens (NFTs) have emerged as a way to collect digital art as well as an investment vehicle. Despite having been popularized only recently, NFT markets have witnessed several high-profile (and high-value) asset sales and a tremendous growth ...
Characterizing the Solana NFT Ecosystem
WWW '24: Companion Proceedings of the ACM Web Conference 2024

Non-Fungible Tokens (NFTs) are digital assets recorded on the blockchain, providing cryptographic proof of ownership over digital or physical items. Although Solana has only begun to gain popularity in recent years, its NFT market has seen substantial ...
Show me your NFT and I tell you how it will perform: Multimodal representation learning for NFT selling price prediction
WWW '23: Proceedings of the ACM Web Conference 2023

Non-Fungible Tokens (NFTs) represent deeds of ownership, based on blockchain technologies and smart contracts, of unique crypto assets on digital art forms (e.g., artworks or collectibles). In the spotlight after skyrocketing in 2021, NFTs have ...

Comments

Information & Contributors

Information

Published In

cover image ACM Conferences

CHI EA '22: Extended Abstracts of the 2022 CHI Conference on Human Factors in Computing Systems

April 2022

3066 pages

ISBN:9781450391566

DOI:10.1145/3491101

Editors:
Simone Barbosa
PUC-Rio, Brazil
,
Cliff Lampe
University of Michigan, USA
,
Caroline Appert
Université Paris-Saclay, France
,
David A. Shamma
Toyota Research Institute, USA

Copyright © 2022 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

Sponsors

SIGCHI: ACM Special Interest Group on Computer-Human Interaction

Publisher

Association for Computing Machinery

New York, NY, United States

Publication History

Published: 28 April 2022

Permissions

Request permissions for this article.

Request Permissions

Check for updates

Author Tags

Qualifiers

Poster
Research
Refereed limited

Funding Sources

Vetenskapsrådet (The Swedish Research Council)

Conference

CHI '22

Sponsor:

SIGCHI

CHI '22: CHI Conference on Human Factors in Computing Systems

April 29 - May 5, 2022

LA, New Orleans, USA

Acceptance Rates

Overall Acceptance Rate 6,164 of 23,696 submissions, 26%

Upcoming Conference

CHI 2025

Sponsor:
sigchi

ACM CHI Conference on Human Factors in Computing Systems

April 26 - May 1, 2025

Yokohama , Japan

Contributors

Other Metrics

View Article Metrics

Bibliometrics & Citations

Bibliometrics

Article Metrics

20
Total Citations
View Citations
1,377
Total Downloads

Downloads (Last 12 months)113
Downloads (Last 6 weeks)8

Reflects downloads up to 05 Mar 2025

Other Metrics

View Author Metrics

Citations

Cited By

Bala R(2024)NFT-Based Marketing CampaignsAdoption of NFTs and Cryptocurrency in Marketing10.4018/979-8-3693-1392-3.ch008(91-120)Online publication date: 22-Mar-2024
https://doi.org/10.4018/979-8-3693-1392-3.ch008
Xiao YDeng BChen SZhou KLC RZhang LTong X(2024)"Centralized or Decentralized?": Concerns and Value Judgments of Stakeholders in the Non-Fungible Tokens (NFTs) MarketProceedings of the ACM on Human-Computer Interaction10.1145/36373058:CSCW1(1-34)Online publication date: 26-Apr-2024
https://dl.acm.org/doi/10.1145/3637305
Elsden CMorgan ETallyn EBlack SDisley MSchafer BMurray-Rust DSpeed C(2024)A Token Gesture: Non-Transferable NFTs, Digital Possessions and Ownership DesignProceedings of the ACM on Human-Computer Interaction10.1145/36373028:CSCW1(1-29)Online publication date: 26-Apr-2024
https://dl.acm.org/doi/10.1145/3637302
De Silva EKuruppu GDassanayake S(2024)Time-varying window-based herding detection in the non-fungible token (NFT) marketplaceChina Finance Review International10.1108/CFRI-05-2023-011814:3(595-614)Online publication date: 23-Feb-2024
https://doi.org/10.1108/CFRI-05-2023-0118
Guan MLi JHu JGu ZWang YLu ZWang K(2024)From Digital Art to Crypto Art: The Evolution of Art Brought by NFTInternational Journal of Human–Computer Interaction10.1080/10447318.2024.2395088(1-20)Online publication date: 10-Sep-2024
https://doi.org/10.1080/10447318.2024.2395088
Arenal AArmuna CRamos SFeijoo CAguado J(2024)Digital transformation, blockchain, and the music industryTelecommunications Policy10.1016/j.telpol.2024.10281748:8Online publication date: 18-Nov-2024
https://dl.acm.org/doi/10.1016/j.telpol.2024.102817
Thomason JIvwurie E(2023)How Are NFTs Being Used?Advancements in the New World of Web 310.4018/978-1-6684-6658-2.ch008(136-160)Online publication date: 7-Jul-2023
https://doi.org/10.4018/978-1-6684-6658-2.ch008
Khelladi ICastellano SLejealle C(2023)Sustainability as the Missing Link to Uncover the Double Edge of NFT Technology LegitimacyJournal of Innovation Economics & Management10.3917/jie.pr1.0162Prépublication(I162-XXIX)Online publication date: 31-Dec-2023
https://doi.org/10.3917/jie.pr1.0162
Reshef Kera DEichstetter EEllul J(2023)Volumetric and Edible NFTs: Explorations of the Limits of Aesthetic Assetization and TokenizationProceedings of the 11th International Conference on Digital and Interactive Arts10.1145/3632776.3632802(1-6)Online publication date: 28-Nov-2023
https://dl.acm.org/doi/10.1145/3632776.3632802
Chen HDuan HAbdallah MZhu YWen YSaddik ACai W(2023)Web3 Metaverse: State-of-the-Art and VisionACM Transactions on Multimedia Computing, Communications, and Applications10.1145/363025820:4(1-42)Online publication date: 11-Dec-2023
https://dl.acm.org/doi/10.1145/3630258
Show More Cited By

View Options

Login options

Check if you have access through your login credentials or your institution to get full access on this article.

Full Access

Get this Publication

View options

PDF

View or Download as a PDF file.

eReader

View online with eReader.

HTML Format

View this article in HTML Format.

Figures

Tables

Media

View Table of Conten