Proceedings of the 2023 5th International Conference on Literature, Art and Human Development (ICLAHD 2023)

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An Analysis of the Present Situation and Future Development of NFR in the Post-pandemic Era

Authors
Yunfei Xia1, *
1Kingston University, Kingston Hill, Kingston upon Thames, Surrey, KT2 7LB, London, UK
*Corresponding author. Email: xiayf030627@163.com
Corresponding Author
Yunfei Xia
Available Online 31 December 2023.
DOI
10.2991/978-2-38476-170-8_61How to use a DOI?
Keywords
Post-epidemic era; NFR; Virtual; Reality; Present Situation and Future Development
Abstract

The popularity of non-fungible tokens (NFTs) has engendered a perception among individuals of the boundless potential inherent in digital art assets. Nevertheless, the proliferation of NFTs inside the digital ecosystem has brought forth new issues in terms of government regulation and financial oversight. The establishment and safeguarding of digital rights and interests have emerged as a crucial concern in the context of the digital economy. In order to address these issues, a novel terminology, namely non-fungible rights (NFR), has been introduced within the Chinese market. In the era following the epidemic, the dissemination of digital collections has shifted towards NFR as the primary mode.

Yet, for them to have a significant presence in the market, digital collections must acquire a substantial share and offer practical utility with their inherent worth as collections. And the sustainable development of virtual capital can be enhanced by its integration with the actual world and the convergence of reality and virtuality. Hence, this study primarily examines the current state and prospective advancements of NFR, and it takes “Bored Ape Yacht Club” in Li Ning, China, as an example to propose the future of the collaborative development of NFR, the digital economy and the real economy.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 5th International Conference on Literature, Art and Human Development (ICLAHD 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 December 2023
ISBN
10.2991/978-2-38476-170-8_61
ISSN
2352-5398
DOI
10.2991/978-2-38476-170-8_61How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yunfei Xia
PY  - 2023
DA  - 2023/12/31
TI  - An Analysis of the Present Situation and Future Development of NFR in the Post-pandemic Era
BT  - Proceedings of the  2023 5th International Conference on Literature, Art and Human Development (ICLAHD 2023)
PB  - Atlantis Press
SP  - 549
EP  - 555
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-170-8_61
DO  - 10.2991/978-2-38476-170-8_61
ID  - Xia2023
ER  -