kth.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Stakeholders and Value in the NFT Ecosystem: Towards a Multi-disciplinary Understanding of the NFT Phenomenon
KTH, School of Electrical Engineering and Computer Science (EECS), Human Centered Technology, Media Technology and Interaction Design, MID.ORCID iD: 0000-0002-3972-9689
2022 (English)In: Conference on Human Factors in Computing Systems - Proceedings, Association for Computing Machinery (ACM) , 2022Conference paper, Published paper (Refereed)
Abstract [en]

Non-fungible tokens (NFTs) have been a defining trend for design, technology, and business in 2021. The value, legitimacy, and utility of NFTs is disputed: proponents highlight revolutionary economic and cultural potentials of an open, secure, and immutable ownership database, while opponents are displeased by the environmental issues and abundant wrongdoing in the ecosystem. Nevertheless, the phenomenon is relevant to HCI, and signifies important developments for future interactive products. To better understand the NFT phenomenon, and to inform future HCI research and design, we investigated the stakeholders in the NFT ecosystem and relations between them. Based on open data we mined from the social news website Hacker News, we contribute the first data-backed model of stakeholders in the NFT ecosystem. The model reveals a nuanced account of the outlooks of creators, owners, and technologists; identifies investment firms and auction houses as arbiters of knowledge and value; and presents implications for future research.

Place, publisher, year, edition, pages
Association for Computing Machinery (ACM) , 2022.
Keywords [en]
art market, blockchain, business, creator economy, cryptocurrencies, cryptography, digital art, economics, finance, NFTs, non-fungible tokens, speculation, startups, venture capital, Arts computing, Ecosystems, Investments, Open Data, Block-chain, Design technologies, Non-fungible token, Startup, Personal computing
National Category
Computer and Information Sciences Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-323794DOI: 10.1145/3491101.3519694Scopus ID: 2-s2.0-85129693086OAI: oai:DiVA.org:kth-323794DiVA, id: diva2:1736466
Conference
2022 CHI Conference on Human Factors in Computing Systems, CHI EA 2022, 30 April 2022 through 5 May 2022
Note

Part of proceedings: ISBN 978-1-4503-9156-6

QC 20230213

Available from: 2023-02-13 Created: 2023-02-13 Last updated: 2023-02-13Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records

Fernaeus, Ylva

Search in DiVA

By author/editor
Fernaeus, Ylva
By organisation
Media Technology and Interaction Design, MID
Computer and Information SciencesEconomics and Business

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 437 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf