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Constructing a NFT Price Index and Applications

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  • Hugo Schnoering
  • Hugo Inzirillo

Abstract

We are witnessing the emergence of a new digital art market, the art market 3.0. Blockchain technology has taken on a new sector which is still not well known, Non-Fungible tokens (NFT). In this paper we propose a new methodology to build a NFT Price Index that represents this new market on the whole. In addition, this index will allow us to have a look on the dynamics and performances of NFT markets, and to diagnose them.

Suggested Citation

  • Hugo Schnoering & Hugo Inzirillo, 2022. "Constructing a NFT Price Index and Applications," Papers 2202.08966, arXiv.org, revised Mar 2022.
    • Handle: RePEc:arx:papers:2202.08966
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    References listed on IDEAS

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    6. Dorota Witkowska, 2014. "An Application of Hedonic Regression to Evaluate Prices of Polish Paintings," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(3), pages 281-293, August.
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