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Abstract
Non-Fungible Tokens (NFTs) are digital certificates of ownership that can be attached to any virtual or physical item. Recently, they have become increasingly popular, especially with the advent of metaverses, virtual spaces that are shared and accessible online. Many organizations are launching NFT initiatives for a variety of reasons including retaining customers, developing new revenue streams, or demonstrating that they are keeping up with the latest technological advances. When organizations launch NFT initiatives, they attempt to provide value to NFT users in various ways, depending on the NFT characteristics. This paper is a preliminary study to understand the value offered by organizations and perceived by NFT users. We examine 46 NFT initiatives from 42 companies to determine what value can be provided to users of NFTs. The goal is to provide a basis for further analysis on the values of NFTs and to support the design of Information Systems embedding NFTs.
Original language | English |
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Title of host publication | Proceedings of the 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 |
Editors | Tung X. Bui |
Publisher | IEEE Computer society |
Pages | 4543-4552 |
Number of pages | 10 |
ISBN (Electronic) | 9780998133164 |
Publication status | Published - 3 Jan 2023 |
Event | 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 - Virtual, Online, United States Duration: 3 Jan 2023 → 6 Jan 2023 |
Publication series
Name | Proceedings of the Annual Hawaii International Conference on System Sciences |
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Volume | 2023-January |
ISSN (Print) | 1530-1605 |
Conference
Conference | 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 |
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Country/Territory | United States |
City | Virtual, Online |
Period | 3/01/23 → 6/01/23 |
Keywords
- blockchain
- ERC-721
- Non-Fungible Tokens (NFTs)
- perceived value
- smart contracts
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Dive into the research topics of 'Providing Customer Value through Non-Fungible Tokens: A Preliminary Study'. Together they form a unique fingerprint.Projects
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Activities
- 1 Participation in conference
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Hawaii International Conference on System Sciences
Victor Amaral de Sousa (Contributor) & Victor Amaral de Sousa (Participant)
3 Jan 2023 → 6 Jan 2023Activity: Participating in or organising an event types › Participation in conference