The article investigates ethical issues related to Non-Fungible Tokens (NFTs), particularly focusing on CryptoPunks, a leading NFT collection. Amidst the surging popularity of NFTs, the researchers identified potential disparities in gender and racial representation. Their analysis suggests that male characters significantly outnumber female characters in CryptoPunks, which not only reflects a gender bias in creation but also indicates that lighter-skinned punks tend to command higher prices. Through qualitative and quantitative data analysis, the researchers emphasize the need for ethical guidelines in the rapidly evolving NFT market.
Our study found that CryptoPunks exhibits significant gender and race disparities, with male characters outnumbering females by 1.6 to 1 and lighter-skinned punks achieving higher market values.
The analysis of CryptoPunks through visualizations raises ethical questions about representation and valuation in the NFT space, highlighting the absence of evolving guidelines in an expanding market.
Collection
[
|
...
]