NFT Marketplace: Navigating the Realm of Untransferable Tokens

Kazi Mostafa

doi:10.1007/978-981-96-3949-6_23

NFT Marketplace: Navigating the Realm of Untransferable Tokens

Kazi Mostafa

School of Intelligent Manufacturing Ecosystem

Research output: Chapter in Book or Report/Conference proceeding › Conference Proceeding › peer-review

Abstract

NFT marketplaces provide a way for buyers to browse and discover new digital content, and to own a unique and verifiable piece of that content. The use of Blockchain technology ensures that NFTs are one-of-a-kind and cannot be duplicated or tampered with, providing a level of authenticity and provenance that is important to collectors. FT marketplaces also offer a range of features such as bidding, auctions, and royalties for creators, which can help to drive demand for NFTs and increase their value over time. In addition, the global reach of NFT marketplaces allows creators to reach a wider audience and sell their digital content to collectors around the world. This research aims to determine the market capitalization of NFT Tokens through a case study examination of the UFA Champions Football League, conducted in three distinct stages. The initial phase involves Data preparation, which is subsequently followed by market analysis. Finally, one examines the observed market capitalization fluctuations and the various categories of NFT Tokens. The discovery reveals the tokens that have had the highest and lowest levels of trading activity throughout the past 24 h as well as lowest and most priced FAN Token. This research highlights the significance of FAN Token in the sports business and the growing trend of NFTs in the sports sector’s Token Market Cap.

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Original language	English
Title of host publication	Lecture Notes in Networks and Systems
Publisher	Springer Singapore
ISBN (Electronic)	978-981-96-3949-6
ISBN (Print)	978-981-96-3948-9
DOIs	https://doi.org/10.1007/978-981-96-3949-6_23
Publication status	Published - 1 Apr 2025

Access to Document

10.1007/978-981-96-3949-6_23

Cite this

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title = "NFT Marketplace: Navigating the Realm of Untransferable Tokens",

abstract = "NFT marketplaces provide a way for buyers to browse and discover new digital content, and to own a unique and verifiable piece of that content. The use of Blockchain technology ensures that NFTs are one-of-a-kind and cannot be duplicated or tampered with, providing a level of authenticity and provenance that is important to collectors. FT marketplaces also offer a range of features such as bidding, auctions, and royalties for creators, which can help to drive demand for NFTs and increase their value over time. In addition, the global reach of NFT marketplaces allows creators to reach a wider audience and sell their digital content to collectors around the world. This research aims to determine the market capitalization of NFT Tokens through a case study examination of the UFA Champions Football League, conducted in three distinct stages. The initial phase involves Data preparation, which is subsequently followed by market analysis. Finally, one examines the observed market capitalization fluctuations and the various categories of NFT Tokens. The discovery reveals the tokens that have had the highest and lowest levels of trading activity throughout the past 24 h as well as lowest and most priced FAN Token. This research highlights the significance of FAN Token in the sports business and the growing trend of NFTs in the sports sector{\textquoteright}s Token Market Cap. This is a preview of subscription content, log in via an instituti",

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AB - NFT marketplaces provide a way for buyers to browse and discover new digital content, and to own a unique and verifiable piece of that content. The use of Blockchain technology ensures that NFTs are one-of-a-kind and cannot be duplicated or tampered with, providing a level of authenticity and provenance that is important to collectors. FT marketplaces also offer a range of features such as bidding, auctions, and royalties for creators, which can help to drive demand for NFTs and increase their value over time. In addition, the global reach of NFT marketplaces allows creators to reach a wider audience and sell their digital content to collectors around the world. This research aims to determine the market capitalization of NFT Tokens through a case study examination of the UFA Champions Football League, conducted in three distinct stages. The initial phase involves Data preparation, which is subsequently followed by market analysis. Finally, one examines the observed market capitalization fluctuations and the various categories of NFT Tokens. The discovery reveals the tokens that have had the highest and lowest levels of trading activity throughout the past 24 h as well as lowest and most priced FAN Token. This research highlights the significance of FAN Token in the sports business and the growing trend of NFTs in the sports sector’s Token Market Cap. This is a preview of subscription content, log in via an instituti

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