This week’s focus, as you may tell from the image, is on secondary researches. To be more specific, it is focused on finding related articles both scholarly and non-scholarly. I started by creating a list of readings: books, academic and industry papers, essays and put them on the miro board as a reference. The first site I did the research on was Google scholar. The keyword I used was “non-fungible tokens”. After scrolling through a few pages, I picked three articles that I think can best provide me with the background research I need at this stage.
The articles are “Blockchain Technology and Non-Fungible Tokens: Reshaping Value Chains in Creative Industries by Sylve Chevet”, “Kugler, L. (2021). Non-fungible tokens and the future of art”, and “Trautman, L. J. (2021). Virtual Art and Non-fungible Tokens”. The first paper offers an analysis of cryptocurrencies and blockchain’s technical underpinnings, specifically of Non-Fungible tokens and “crypto-collectibles”, and the changes these innovations can bring about in the art market and creative industries at large. The paper is based on a resource-based analysis of creative industries, their value chains, and the various bargaining powers and revenue sharing of the industries’ agents. The second paper talks about how new blockchain-based technology is changing how the art world works and changing how we think about asset ownership in the process. The last article discusses the new and explosive market for digital art, explores the evolution of the digital world and virtual property, as well as explains the historical account of the blockchain and virtual currencies. In addition, it is coverage about non-fungible tokens and is a brief look at unresolved issues impacting the law of NFTs and potential solutions are provided. Lastly, it talks about a few thoughts about the future of the digital property.
After choosing the primary resource of my reading list this week, I moved on to the citation organizing system. We practiced using Zotero, a Google Chrome plug-in, during class. And as I tried a few other tools, I eventually settled on Zotero as it meets most of the needs. I also asked a friend from our class to form a reading group for the rest of the research phase.
