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Non-fungible Tokens: Value for Digital Arts and Pricing Factors
Ch. 70. P. 805–816.
The paper examines the pricing factors for non-fungible tokens (NFT) as a new class of blockchain-based cryptocurrency assets originally associated with unique digital art. One of the key challenges of the digital art industry is the problem of monetization and popularization of digital art objects. NFT can be a solution to the problem of financing digital art and at the same time a mechanism for realizing specific rights of a wide audience of token collectors. The authors of the paper carry out econometric modelling of the pricing factors of NFT art objects on the example of the electronic avatars collection “Unicly CryptoPunks”, the “wrapped” (tokenized) version of “CryptoPunks” which is one of the first and the most popular NFT art collections with the highest monetization. The results of the analysis show that the dynamics of the collection's quotes is only partially related to the market factors of the cryptocurrency industry. The collection’s historical quotes and the factors behind the development of the NFT industry are found to be more important. Thus, crypto market actors may appreciate the added value of NFT associated with digital art. The results of the study show the possibilities of NFT art to manage the risks of investors in cryptocurrency assets and to monetize digital art with the help of NFT.
In book
Vol. 596. , Springer, 2023.
Idrisov Ravshan Ravshanovich, , in: The Global Good. The Future of Culture, Creation, and Author.: M.: UNESCO Chair on Copyright, Neighbouring, Cultural and Information Rights (HSE University), 2026. P. 19–27.
Think piece UNESCO. Digital technologies offer new opportunities for cultural heritage preservation, including UNESCO World Heritage sites. The paper considers tokenization as one of the instruments to preserve cultural objects and ensure their authenticity in the digital age. ...
Added: September 28, 2026
Usvitskiy A., Mizyakov V., / Series "SSRN Working Paper Series". 2026.
Added: September 24, 2026
Denis González C., Frias Mena D., Massó Muñoz A. et al., Applied Sciences (Switzerland) 2022 Vol. 12 No. 2 Article 531
Added: September 18, 2026
Buchko A., Peresetsky A., HSE Economic Journal 2025 Vol. 29 No. 3 P. 383–406
In recent years cryptocurrencies have gained popularity: institutional and retail investors as well as different trading companies started positively looking at crypto assets. As a result, the convergence level between cryptocurrencies and the traditional markets has changed a lot. Stocks deserve close attention because they are a key asset for many investors. This article explores ...
Added: September 17, 2026
Gokhberg L., Abdrakhmanova G., Kutsenko E. et al., Вопросы статистики 2026 Т. 33 № 4 С. 5–20
This article examines the methodological and practical issues associated with the transition to the new edition of the All-Russian Classifier of Economic Activities (OKVED) – OKVED3. The relevance of the study stems from the need to reflect contemporary structural changes in the economy, related to the transformation of the existing economic activities and emergence of ...
Added: September 15, 2026
Токолов А. В., Идрисов Р. Р., Криминологический журнал 2026 № 2 С. 168–176
Provides a comparative legal analysis of the qualification of cryptocurrency offences in the Russian Federation and the Republic of Uzbekistan. Three levels of regulation are examined, namely the qualification of illegal mining, unlicensed cryptocurrency circulation, and procedural mechanisms for the seizure of digital assets. It is established that the absence of specialised criminal charges in ...
Added: August 19, 2026
Gokhberg L., Kutsenko E., Lebedeva S. et al., М.: ИСИЭЗ ВШЭ, 2025.
This publication prepared by the Russian Cluster Observatory of the National Research University Higher School of Economics Institute for Statistical Studies and Economics of Knowledge is a followup of the 2021 publication dedicated to the statistical measurement of the creative economy of Moscow.
It provides the basic economic indicators of Moscow’s creative industries, assessment of the ...
Added: August 13, 2026
Papushina I. O., Shenkman E., Социологические исследования 2026 № 7 С. 31–43
The external shocks of 2022 have altered the operating environment for Russian
companies and the demand for skilled workers. This study examines how demand has responded for
different categories of professionals in the fashion industry, where the departure of international brands
has simultaneously increased uncertainty and opened up market niches for Russian manufacturers.
The empirical basis of the research ...
Added: August 7, 2026
Irina A. Afanaseva, Pavel S. Sorokin, October 2026 No. 196 P. 69–79
This article examines the development and cultural significance of NFT art in Russia, framing it through the sociological lens of “neo-structuration” theory — a framework that foregrounds individual agency as a driving force within evolving social and technological structures. The authors argue that NFTs have emerged in Russia as a means for young and independent ...
Added: July 28, 2026
Tyurkin M., Azamat A., Cham: Springer, 2025.
This chapter explores the role of tokenization in blockchain technologies. Tokenization is a key enabler of the smart circular economy and organizational sustainability. Tokenization involves converting assets or value into digital tokens on a blockchain. This process offers new opportunities to enhance resource efficiency, transparency, and accountability within circular economy initiatives. By leveraging blockchain’s immutable ...
Added: July 20, 2026
Abankina I., Зиньковский К. В., Креативные индустрии 2025 Т. 1 № 1 С. 53–66
The article presents an analysis of the demand for higher education in various fields of study in the context of public policy, the study is based on data from the HSE research “Monitoring of reception quality” for 2018–2024. The article proves that higher education in the creative industries sector directly depends on the income level ...
Added: July 20, 2026
Biryukova O. V., Slipchenko I. Y., The Journal of the New Economic Association 2026 No. 2(71) P. 252–267
Abstract. The rapid expansion of creative industries plays a pivotal role in fostering sustainable economic development and enhancing the global cultural footprint of exporting nations. Consequently, governments worldwide actively implement targeted mechanisms to stimulate creative exports. As the undisputed global leader in creative goods exports, China’s success stems from both its inherent comparative advantages and systematic ...
Added: June 26, 2026
Мармилова Е. П., Арктика и Север 2026 № 63 С. 368–384
The aim of this article is to conduct a meta-analysis of foreign scientific publications in order to identify modern trends in the development of the creative economy and creative industries in the Arctic. The main method of the scientific research was a meta-analysis of the specialized literature. The analysis was carried out on the basis of two databases of peer-reviewed scientific publications — Scopus and Web of Science. These are the largest databases, which are ...
Added: June 17, 2026
Milovidov S., Bulgakov V., Информатика и образование 2026 Т. 41 № 2 С. 32–43
Research continues the academic discussion regarding the implementation of deep machine learning technologies, commonly referred to as artificial intelligence, into the educational process, and their impact on established practices within the Russian higher education system. Over recent years, a substantial body of research has emerged, focusing on interaction with these algorithms in the context of ...
Added: May 18, 2026
Желнина З. Ю., Sizova I., Korman A. et al., Креативные индустрии 2026 Т. 2 № 1 С. 42–62
The study of the experience of developing tourism and creative industries, which provide an independent track for the socio-economic development of the Arctic territories, reflects a request to identify the strength and properties of humanitarian industries that reveal their potential in regions where resource-extracting industries are the key drivers of development. A pre-project study and ...
Added: May 15, 2026
Revyakin S., Креативные индустрии 2026 № 1 С. 91–108
The report analyses three declared areas of state support for Russia’s creative industries exports: exports of creative goods and services, joint projects with foreign partners, and exports of intellectual property. Drawing on UNCTAD statistics and Russian studies, it shows that global exports of creative goods and services have exceeded USD 2 trillion, while the Russian ...
Added: May 14, 2026
Abankina T., В кн.: Государственная культурная политика России: традиции и новации.: Московский государственный институт культуры, 2026. Гл. 1 С. 7–21.
The article analyzes existing approaches to the development of creative industries and assesses their impact on the development of territories, competitiveness and investment attractiveness of countries, cultural identity and innovation potential. The evolution of the impact of creative industries on territorial development is increasingly shifting towards restoring the "local" as a strategic policy focus. It ...
Added: March 27, 2026
Suvalko A., Khestanov R., Seleev S., Городские исследования и практики 2026 Т. 11 № 1 С. 85–99
This article presents the results of a compre- hensive study of the creative potential of the small town of Shuya, Ivanovo region. The re- search is based on an interdisciplinary ap- proach, combining methods of cultural sociolo- gy, and economic and spatial analysis. The work includes desk research and fieldwork in- volving in-depth interviews with ...
Added: March 23, 2026
Kuziner E., Chernysheva N., Социологические исследования 2026 № 2 С. 99–110
The article examines the forms of creativity available to young people in two cities of the North Caucasus – Nalchik and Pyatigorsk – against the background of a persistent tension between territorial branding for tourism and the preservation of local authenticity. The theoretical framework draws upon debates on the “creative city” (S. Sassen, S. Zukin, ...
Added: March 17, 2026
Trio O., Caboni F., Cavallo F. et al., Journal of Knowledge Management 2026 Vol. 30 No. 4 P. 1282–1302
Purpose
This study explores how artificial intelligence (AI) is transforming tacit knowledge practices and shared leadership in radio broadcasting – a sector characterized by creativity, spontaneity and strong audience engagement. The aim is to assess whether AI can complement or replicate the human dimensions of knowledge sharing in cultural and media organizations.
Design/methodology/approach
Grounded in Media Richness Theory ...
Added: March 11, 2026
Терещенко Е. Ю., Белевских Т. В., Желнина З. Ю. et al., СПб.: Скифия-принт, 2024.
This textbook, "Art Management in Creative Spaces," offers a comprehensive exploration of contemporary creative spaces. Focusing on St. Petersburg, it analyzes the role of such spaces in fostering creative communities and their contribution to the broader creative environment. The book is structured into 12 chapters, covering the theoretical foundations and history of creative spaces, their ...
Added: March 10, 2026
Abankina T., Креативные индустрии 2025 № 4 С. 10–38
The article analyzes the relationship between culture and creative industries, as well as existing and promising models and forms of interaction between cultural institutions and creative industries. The analysis is based on an expert study that involved the heads of legislative and executive authorities in Russian regions, the Federation of Creative Industries, the Association of ...
Added: March 5, 2026
Salamatov V., Базелюк В. Н., Бизнес. Общество. Власть 2025 № 3 (57) С. 218–238
The article is dedicated to analyzing the experience of the Islamic Republic of Iran under prolonged sanction pressure that has been ongoing since 1979. The main focus is on three key aspects: historical stages of sanctions implementation, their impact on the economy, politics, and social sphere of the country, as well as Iran's methods of ...
Added: February 13, 2026
Bozhya-Volya A. A., Saltykova A., Вопросы государственного и муниципального управления 2026 № 2 С. 153–171
The article is devoted to the systematization of approaches to state support of creative industries in Russia and abroad. The authors explore which support formats are most appropriate for various types of creative activities, based on their specific characteristics at different stages of value creation: product creation, promotion, and distribution.
The purpose of this article is ...
Added: January 12, 2026