Stakeholders and Value in the NFT Ecosystem

The applicability of scarcity, originality, and transaction tracking characteristics of the dermatological industry and non‐fungible token

“…Customized cosmetics will be a part where NFT can be sufficiently used in the beauty industry through insights obtained from mobile games in that it creates a small number of single cosmetics through the combination of ingredients suitable for skin characteristics. In addition, if a beauty brand with a story is developed as in a game with a continuous story, NFT can be used as a means to maximize interest by continuously producing products using the continuity of the story and boosting the brand's fandom 25 . Transaction applications are continuously being developed for active transactions of NFTs being traded in this way.…”

“…Taking advantage of the scarcity of each product, it is an opportunity to benefit from only small-volume production, not mass production, and if it is branded through NFT's unique characteristics, the brand's fandom can be further expanded. 25 As the number of beauty brands that try increases, the number of cases will increase, and it is expected that positive economic growth will be built. 40 There are also areas to consider when the beauty industry enters NFT.…”

“…In addition, if a beauty brand with a story is developed as in a game with a continuous story, NFT can be used as a means to maximize interest by continuously producing products using the continuity of the story and boosting the brand's fandom. 25 26 The beauty industry should constantly consider and pay attention to NFT, which is being developed in advance in beauty and beauty fields so that it can be quickly applied and used in beauty platforms and industries in the future (Table 3).…”

Non-Fungible Tokens as Jurisdictionless Innovation: Legal Vacuum, Loopholes, Potentials and Solutions

“…NFTs can track ownership, moral rights, and are programmed to earn royalties for original artist creator when their art is traded back to third parties. 31 The purchaser of an NFT digital art could resell it but cannot positioning himself as the exclusive right holder such as commercialize its art, The purchaser may only publicize the digital art in the context of non-commercial personal use. So, the purchaser does not have the competence to exploit NFT's art and duplicate derivatives of the work.…”

Digital real estate in the metaverse: An empirical analysis of retail investor motivations

“…Intangible external rewards associated with (v) disruptionthe desire to challenge traditional norms and systems through decentralization and anonymitycan also motivate land acquisition. The attraction of being an investor in (vi) technological innovations or innovative (vii) business models may yield personal external rewards (Baytaş et al, 2022;Chalmers et al, 2022). The sense of belonging to a (viii) community of like-minded individuals can also motivate retail investors, offering community relationships as an external reward (Guo and Barnes, 2007;Ridings and Gefen, 2006).…”