Towards a Research Agenda on the Financial Economics of NFT’s
14 Pages Posted: 8 Apr 2022 Last revised: 15 Sep 2022
Date Written: March 30, 2022
Abstract
This paper aims to serve as an exploratory agenda for future research on the financial economics of non-fungible token (NFT) from a scholarly perspective. By considering the current state of research on the financial characteristics of NFTs and drawing on pioneering research in the field of cryptocurrency finance and cultural economics, possible future research strands are derived to contribute towards a new emerging research domain. NFTs have already received growing attention from the academic community, and the increasing amount of novel studies forms a first attempt to clarify on the common dissent over whether NFTs can truly fulfil any form of financial utility. A review of existing empirical work in other finance-related research domains may reveal crucial parallels to issues in NFT markets and provide clues to future avenues of research on the financial economics of the digital token.
Keywords: Non-Fungible Token; Cryptocurrencies; Herding; Cultural Economics
JEL Classification: G10; G12; G15; G40
Suggested Citation: Suggested Citation