Non-fungible token(NFT)is a digital asset whose ownership can be validated and controlled via blockchain technology.The NFT market is a rapidly growing field,and the rarity of NFT is an essential factor that affects i...Non-fungible token(NFT)is a digital asset whose ownership can be validated and controlled via blockchain technology.The NFT market is a rapidly growing field,and the rarity of NFT is an essential factor that affects its price,as scarcity leads to higher demand.This study focuses on the BAYC NFT collection,which is a successful and representative collection of profile picture NFT,and analyzes how rarity affects NFT prices.This paper investigates the relationship between the rarity and price of the BAYC NFT collection using formal concept analysis(FCA)method.The results show that rarity is a major factor influencing the price of NFT and the effect is more apparent in the medium rarity range.When rarity is very high or very low,other factors become significant determinants,such as the uniqueness and appeal of NFT,and even the naturalness of NFT images.This research highlights the importance of considering rarity when assessing NFT and underscores the need for a comprehensive evaluation of NFT rarity.This study also provides valuable insights into the NFT market and can be useful for NFT investors,creators,and collectors.Furthermore,the usefulness of FCA as a tool for quantifying NFT rarity and evaluating NFT price was demonstrated.展开更多
FCA(Form al ConceptAnalysis)是一种数据分析、知识发现、信息管理的方法。无线传感器网络是一种全新的技术。本文在系统介绍无线传感器网络的特点、形式概念分析和概念格的基础上,提出了用最低的能量消耗来监控最多的区域以延长无线...FCA(Form al ConceptAnalysis)是一种数据分析、知识发现、信息管理的方法。无线传感器网络是一种全新的技术。本文在系统介绍无线传感器网络的特点、形式概念分析和概念格的基础上,提出了用最低的能量消耗来监控最多的区域以延长无线传感器网络寿命的主要措施。展开更多
基金supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea(NRF-2023S1A5A2A03083440).
文摘Non-fungible token(NFT)is a digital asset whose ownership can be validated and controlled via blockchain technology.The NFT market is a rapidly growing field,and the rarity of NFT is an essential factor that affects its price,as scarcity leads to higher demand.This study focuses on the BAYC NFT collection,which is a successful and representative collection of profile picture NFT,and analyzes how rarity affects NFT prices.This paper investigates the relationship between the rarity and price of the BAYC NFT collection using formal concept analysis(FCA)method.The results show that rarity is a major factor influencing the price of NFT and the effect is more apparent in the medium rarity range.When rarity is very high or very low,other factors become significant determinants,such as the uniqueness and appeal of NFT,and even the naturalness of NFT images.This research highlights the importance of considering rarity when assessing NFT and underscores the need for a comprehensive evaluation of NFT rarity.This study also provides valuable insights into the NFT market and can be useful for NFT investors,creators,and collectors.Furthermore,the usefulness of FCA as a tool for quantifying NFT rarity and evaluating NFT price was demonstrated.
