On the Scrutinization of the NFT Valuation Factors

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

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Detail(s)

Original languageEnglish
Title of host publicationProceedings - 2022 29th Asia-Pacific Software Engineering Conference
Subtitle of host publicationAPSEC 2022
PublisherInstitute of Electrical and Electronics Engineers, Inc.
Pages564-565
ISBN (electronic)9781665455374
ISBN (print)978-1-6654-5538-1
Publication statusPublished - Dec 2022

Publication series

NameProceedings - Asia-Pacific Software Engineering Conference, APSEC
ISSN (Print)1530-1362
ISSN (electronic)2640-0715

Conference

Title29th Asia-Pacific Software Engineering Conference (APSEC 2022)
LocationVirtual
PlaceJapan
Period6 - 9 December 2022

Abstract

Supporting Non-Fungible Token (NFT) Software Development enables the creation and sale of blockchain-based NFTs backed by unique digital or physical assets. Its value classification is important to justify investment in software development. This study surveys the rapid increase in NFT popularity and proposes a methodology to assess the valuation of an NFT and be able to predict the ultimate success of an NFT. The main influential factors identified in the study are the community and scarcity, our result confirms these two main factors that can affect an NFT's valuation, and this poster paper will look in depth at the correlation between the factors and the value of the NFT and provides the future direction of research. © 2022 IEEE.

Research Area(s)

  • Blockchain Software, Cryptocurrency, Digital Asset, NFT Valuation

Citation Format(s)

On the Scrutinization of the NFT Valuation Factors. / Cheung, Aiden; Keung, Jacky.
Proceedings - 2022 29th Asia-Pacific Software Engineering Conference: APSEC 2022. Institute of Electrical and Electronics Engineers, Inc., 2022. p. 564-565 (Proceedings - Asia-Pacific Software Engineering Conference, APSEC).

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review