NFT and Art Finance in Hong Kong: Overview and New Opportunities

Main Article Content

Sheng Zhang

Keywords

NFT, art finance, art market, digital economy

Abstract

As the traditional art market faces the challenge of transformation under the wave of digitization, Hong Kong's role as a “super-connector” will continue to play a significant role in the era of fully embracing virtual assets. Utilizing both documentary and empirical research methods, the article reviews the history and connection between NFT and art finance events, aiming to explore the possibility of their mutual empowerment and the future outlook of their synergistic development in Hong Kong.

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References

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Poposki, Z., & Leung, I. H. B. (2022). Hong Kong as a global art hub: Art ecology and sustainability of Asia’s art market centre. Arts, 11(1), Article 29. https://doi.org/10.3390/arts11010029
Securities and Futures Commission. (2022, June 6). SFC reminds investors of risks associated with non-fungible tokens. https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=22PR34
Wang, Q., Li, R., Wang, Q., & Chen, S. (2021). Non-fungible token (NFT): Overview, evaluation, opportunities and challenges. arXiv preprint, arXiv:2105.07447. https://doi.org/10.48550/arXiv.2105.07447
World Economic Forum. (2023, October). Evolution of non-fungible tokens. https://www.weforum.org/publications/evolution-of-non-fungible-tokens/

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