Non-Fungible Tokens (NFTs) are non-interchangeable assets, usually digital art, which are stored on the blockchain. Preliminary studies find that female and darker-skinned NFTs are valued less than their male and lighter-skinned counterparts. However, these studies analyze only the CryptoPunks collection. We test the statistical significance of race and gender biases in the prices of CryptoPunks and present the first study of gender bias in the broader NFT market. We find evidence of racial bias but not gender bias. Our work also introduces a dataset of gender-labeled NFT collections to advance the broader study of social equity in this emerging market.

Non-Fungible Tokens (NFTs) are crypto assets with a unique digital identifier for ownership, powered by blockchain technology. Technically speaking, anything digital could be minted and sold as an NFT, which provides proof of ownership and authenticity of a digital file. For this reason, it helps us distinguish between the originals and their copies, making it possible to trade them. This paper focuses on art NFTs that change how artists can sell their products. It also changes how the art trade market works since NFT technology cuts out the middleman. Recently, the utility of NFTs has become an essential issue in the NFT ecosystem, which refers to the owners' usefulness, profitability, and benefits. Using recent major art NFT marketplace datasets, we summarize and interpret the current market trends and patterns in a way that brings insight into the future art market. Numerical examples are presented.

Nikolai Yakovenko takes a peek at his hand, his facial expression paused, posture slightly slouched. With $30,000 on the table, the flop is revealed – ten of hearts, seven of spades, six of hearts. An $80,000 bet is placed. Yakovenko begins to crunch the numbers in his head, conjuring up the hand's possible outcomes and their likelihoods. Moments later, he has his answer – 42%, his chance of victory.

Humans have been creating artistic works almost as long as we have walked the Earth. As technology has evolved, so too has the way artists express themselves. In the 20th century, the invention of computers unlocked nearly limitless potential new avenues for artists to explore. In the 21st century, the way art is owned, viewed, and shared is also evolving. Our project will apply neural networks to innovate new ways of generating art while exploring the changing forms of art ownership.

"ArtPunks is an NFT collection created using A.I. technology (neural networks) to merge traditional paintings, by various famous, historical, and talented artists with CryptoPunks, that symbolize the revolution of NFTs and digital art in the modern day. Bringing both the past and the future of art together into 10,000 unique NFTs, with varying traits and styles, you can now own a symbolic piece of history, on the Solana Network, and help promote the value of artistic expression and creation". I want to introduce you to a project recently born on the Solana blockchain, ArtPunks. ArtPunks are NFTs that combine physical art with virtual art. They take up the concept of NFTs and go beyond it, integrating art from the present and the past of great artists with the symbol of NFTs, the CryptoPunks.