• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • CryptoSphere, Wrocław (February 4, 2023)
    • TMRW, Dubai (February 8-10, 2023)
    • European Blockchain Convention, Barcelona (February 15-17, 2023)
    • Blockchain Fest, Singapore (February 16-17, 2023)
    • Blockchain Economy Summit, London (February 27-28, 2023)
    • Paris Blockchain Week (March 20-24, 2023)
    • GAIN Expo, Amsterdam (May 4-5, 2023)
    • Blockchain Expo North America, Santa Clara (May 17-18, 2023)
    • COMEX, Oman (May 22-25, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
Visit Paris Blockchain Week on March 20-24, 2023
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

NFTs and the Virtual Economy Research Study 2022: A Disruptive Technology Innovation that Serves as the Foundation for the Multibillion-Dollar Virtual Economy

November 24, 2022 By GlobeNewswire

Dublin, Nov. 24, 2022 (GLOBE NEWSWIRE) -- The "NFTs and the Virtual Economy" report has been added to ResearchAndMarkets.com's offering.

Non-fungible Tokens (NFTs) refer to unique and distinguishable digital assets stored on a distributed ledger/blockchain. Following the emergence of the bitcoin digital currency in early 2009, "colored coins" were coined by Yoni Assia in 2012; these were small parts of bitcoins that represented assets, primarily digital collectibles, and were the predecessor to NFTs.

In 2017, John Watkinson and Matt Hall created CryptoPunks, 24x24 pixel characters that exist on an Ethereum blockchain. Only 10,000 such characters with unique appearances were created, leading to tremendous buzz amongst a community of crypto users who treated ownership as a badge of honor.

This served as an inspiration for NFTs, which has now become a potentially lucrative technology, creating value for businesses across the globe.

Key Issues Addressed:

  • What is an NFT? What are the defining characteristics of NFTs?
  • How are NFTs differentiated from cryptocurrencies?
  • What are some of the key market highlights for NFTs to date?
  • What are the essential NFT growth drivers and restraints?
  • What is the technology behind NFTs? What are the technologies that make up an NFT marketplace?
  • What are the key criteria for choosing an NFT platform?
  • What are the most popular blockchain platforms available today for NFTs?
  • How is digital content distributed by NFTs stored?
  • How has the market performed in the last 3 years? What are the key performance indicators?
  • Which application areas are most impacted by NFTs? What are the emerging use cases?
  • What are the primary growth opportunities in the NFTs for ecosystem stakeholders?

Key Topics Covered:

1. Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative
  • The Impact of the Top 3 Strategic Imperatives on the Non-fungible Token (NFT) Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

  • Research Scope
  • Glossary

3. Introduction to NFTs

  • NFTs - An Overview
  • Comparison between NFTs and Cryptocurrency
  • Market Highlights
  • Growth Drivers
  • Growth Restraints

4. The NFT Tech Stack

  • The Technology Behind NFTs
  • NFT Marketplace Technology Stack
  • Types of NFT Marketplaces
  • Criteria for Choosing an NFT Platform
  • Comparison Between PoW and PoS Consensus Mechanisms
  • NFT Blockchain Platforms
  • Storing Digital Assets
  • Comparison of ERC Standards

5. The NFT Ecosystem

  • NFT Performance Analysis, Calendar Year (CY) 2019-CY 2021
  • NFT Applications: Ecosystem
  • NFT Applications: Art
  • NFT Applications: Collectibles
  • NFT Applications: Gaming
  • NFT Applications: Others
  • Popular NFT Marketplaces: OpenSea
  • Popular NFT Marketplaces: Rarible
  • Popular NFT Marketplaces: Others

6. Growth Opportunity Universe

  • Growth Opportunity 1: To Grow Beyond Digital Artworks
  • Growth Opportunity 2: Sustainability of NFTs
  • Growth Opportunity 3: New Business Models
  • Growth Opportunity 4: Shaping Digital Communities
  • Growth Opportunity 5: Smart NFTs are a New Frontier

Companies Mentioned

  • OpenSea
  • Rarible

For more information about this report visit https://www.researchandmarkets.com/r/oadro6


CONTACT: CONTACT: ResearchAndMarkets.com 
         Laura Wood,Senior Press Manager 
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470 
         For U.S./ CAN Toll Free Call 1-800-526-8630 
         For GMT Office Hours Call +353-1-416-8900 

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

World Cup Inu (WCI) is now on Lbank Exchange, Enjin Coin (ENJ) launches latest wallet version, While Orbeon Protocol (ORBN) gives amazing return

February 2, 2023

Europe’s most influential blockchain & crypto event returns to Barcelona

February 1, 2023

METACO Harmonize Selected by DekaBank as Core Platform for Institutional Digital Asset Offering

February 1, 2023

Oasys to be Listed on Leading Japanese Crypto Exchange, bitbank

February 1, 2023

Cardano (ADA), Uniswap (UNI) and Orbeon Protocol (ORBN) Are the Top Cryptocurrencies Ready to Skyrocket

February 1, 2023

Cryptosphere

TMRW

EBC 2023

Blockchain Fest Singapore 2023

Blockchain Economy London 2023

PBW 2023

GAIN Expo 2023

Blockchain Expo North America 2023

COMEX 2023

Blockchain Expo Europe 2023

Blockchain Expo Global 2023

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter