Characterizing the OpenSea NFT Marketplace
Characterizing the OpenSea NFT Marketplace
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OpenSea NFT 市场特征
DOI：
10.1145/3487553.3524629
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发表时间：
2022
期刊：
影响因子：
--
通讯作者：
K. Passi
中科院分区：
文献类型：
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作者：
Bryan White;Aniket Mahanti;K. Passi
不可替代代币（NFT）是唯一的数字标识符，用于表示各种加密资产的所有权，如音乐，艺术品，收藏品，游戏资产，并允许不可更改和可证明的创建和所有权链。NFT市场在2021年爆炸式增长，许多公众首次接触到这种新的数字所有权媒体。虽然这种新媒体的发展相对缓慢，但我们认为区块链技术的前景是光明的。NFT在很大程度上仍然被更广泛的社区所误解，因此，这为更深入地探索NFT市场提供了一个迷人的机会。我们分析了来自OpenSea的销售数据-拥有最广泛的用户群和销售量的NFT市场。我们的研究考虑了2019年1月1日至2021年12月31日期间发生的525万次销售。我们首先概述我们的数据收集过程，并总结数据集的关键统计数据。我们研究了市场上的用户行为，以表明一小部分重量级人物正在推动大规模的增长。其次，我们回顾了网络中的经济活动，以展示这些超级用户如何推动艺术品和收藏品类别的极端价格波动。最后，我们回顾了买家和卖家的网络，表明尽管网络中存在稀疏性，但用户社区正在形成，大多数高级用户倾向于聚集在这些结构中。这些发现揭示了NFT市场中相对未经审查的领域，并对数十亿美元的市场进行了多层次的分析。
Non Fungible Tokens (NFTs) are unique digital identifiers used to represent ownership of various cryptoassets such as music, artwork, collectibles, game assets and allow for an unalterable and provable chain of creation and ownership. The market for NFTs exploded in 2021, and much of the public is being exposed to this new digital ownership medium for the first time. While uptake of this new medium is relatively slow, we feel the prospects of blockchain technology are up-and-coming. NFTs are still largely misunderstood by the wider community, and as such, this provides a fascinating opportunity to explore the NFT marketplace in greater depth. We analyzed sales data from OpenSea - the NFT marketplace with the most extensive user base and sales volume. Our study considered 5.25 million sales that occurred between January 1, 2019, and December 31, 2021. We first lead by presenting an overview of our data collection process and summarizing key statistics of the data set. We examine user behaviour in the market to show that a small subset of heavy-hitters is driving massive growth. Secondly, we review the economic activity within the network to show how these power users drive extreme price volatility within the Art and Collectible categories. Lastly, we review the network of buyers and sellers to show that despite the sparsity that exists in the network, communities of users are forming, and most power users tend to congregate in these structures. These findings shed light on areas of the NFT marketplace that have been relatively unexamined and provide a multi-level analysis of a multi-billion dollar market.