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Study of NFT Marketplace in the Metaverse

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Data Management, Analytics and Innovation (ICDMAI 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 662))

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Abstract

The metaverse has opened up the next door in digital evolution. It has the ability to expand the domain of online services by providing a life-like online experience. The digital experience is powered by blockchain technology, tokenomics, and decentralization. The non-fungible token (NFT) is a unique token on the blockchain that is traded, bought, and sold on various NFT marketplaces. NFT marketplaces can also be curated in the metaverse, providing a more interactive experience. Key concepts and principles regarding metaverse, blockchain, decentralized applications, and user experience have been studied, and a recipe to understand and create a metaverse NFT marketplace has been presented in this paper.

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Author information

Authors and Affiliations

  1. Department of Information Technology, Cummins College of Engineering for Women, Pune, 411052, Maharashtra, India

    Isha Deshpande, Rutuja Sangitrao & Leena Panchal

Authors
  1. Isha Deshpande
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  2. Rutuja Sangitrao
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  3. Leena Panchal
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Corresponding author

Correspondence to Isha Deshpande .

Editor information

Editors and Affiliations

  1. Tata Consultancy Services Ltd., Pune, India

    Neha Sharma

  2. Society for Data Science, Pune, India

    Amol Goje

  3. Faculty of Engineering, A. K. Choudhury School of Information Technology, Kolkata, West Bengal, India

    Amlan Chakrabarti

  4. Faculty of Computer Science, Technion—Israel Institute of Technology, Haifa, Israel

    Alfred M. Bruckstein

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Deshpande, I., Sangitrao, R., Panchal, L. (2023). Study of NFT Marketplace in the Metaverse. In: Sharma, N., Goje, A., Chakrabarti, A., Bruckstein, A.M. (eds) Data Management, Analytics and Innovation. ICDMAI 2023. Lecture Notes in Networks and Systems, vol 662. Springer, Singapore. https://doi.org/10.1007/978-981-99-1414-2_59

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