Future Tendencies of Non-fungible Tokens

Abstract Blockchain has been one of the key innovations in information technology last 15 years. An important aspect applying blockchain is creation so-called non-fungible tokens (NFTs). Although name resembles cryptocurrencies because word token, practice, NFTs do not represent electronic money but a digital certificate ownership an asset. They effectively behave like whose total supply one, and it immutable. Considering their technical conceptual basis, can be defined as certificates based on technology, possession which proves indisputable purchased The subject this paper basis scope application business. It aims to determine value factors whether expansion use expected future. results our research show that essential advantage bring business authentication. also enable continuous collection royalties by author. last, potentially most powerful generator NFTs, ecosystem, where online community formed initial forms assets. Without standardization regulation states, will remain market niche intensive Internet users.