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Record W4352990861 · doi:10.54691/bcpbm.v36i.3504

How should NFT be valued?

2023· article· en· W4352990861 on OpenAlexaff
Xiting Wang

Bibliographic record

VenueBCP Business & Management · 2023
Typearticle
Languageen
FieldArts and Humanities
TopicArt History and Market Analysis
Canadian institutionsQueen's University
Fundersnot available
KeywordsAsset (computer security)Value (mathematics)Distributed ledgerBusinessComputer scienceBlockchainComputer security

Abstract

fetched live from OpenAlex

NFTs are non-fungible, one-of-a-kind digital assets that are enabled by blockchain technology. Digital encrypted assets known as non-fungible tokens are one-of-a-kind, rare, and impossible to duplicate. A greater variety of use cases, including as digital art, domain names, gaming, collectibles, and others, have been observed recently for NFTs. On a blockchain, like Ethereum, NFTs are created (i.e., minted), and they can be used to confirm ownership of an asset (where it came from, who is the owner, etc.). Data from a joint analysis by Nonfungible.com and L' Atelier BNP Paribas indicates that 2020 In 2018, the overall market value of the NFT market was around $ 338,035,012 with an annual growth rate of 299%. This excludes wash trading and abandoned projects. Some NFTs cost millions of dollars, which is quite expensive. How can the value of NFTs be fairly honestly evaluated is a common question. Let's analyze the history of NFT's evolution before responding to this query.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.007
metaresearch head score (Gemma)0.033
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.018
Threshold uncertainty score0.080

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0070.033
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0050.019
Scholarly communication0.0180.028
Open science0.0010.003
Research integrity0.0060.005
Insufficient payload (model declined to judge)0.0150.003

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.079
GPT teacher head0.239
Teacher spread0.160 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2023
Admission routes1
Has abstractyes

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