Non-fungible tokens (NFTs) emerged as a cultural response to
create technical scarcity on the internet, developing new types of
digital goods or virtual assets and, more than that, new
alternatives to transfer properties online. These virtual assets
have been drawing attention worldwide, mainly due to the high
purchase prices of the NFTs; for instance, Beeple sold the
‘Everydays – The First 5000 Days' NFT for $69m at
Christie's,1 positioning the artist among the top
three most valuable living artists in the world, and the cheapest
available Bored Ape Yacht Club NFT for sale, one of the most
well-known NFTs nowadays, which is listed at a record ETH 152, or
about $429,000.2
Thus, the surge in NFTs collectibles is still fairly new, but
significant amounts of money have already exchanged hands among
collectors3 amounting to over $6.2bn in sales since
2017, according to NonFungible4, which tracks historical
sales data of NFTs. Under this scenario, the objectives of
