A Study on the Framework of the Real-Related Asset NFT Art System

The purpose of this study is to propose a framework for an NFT system linked to real-world art assets(RWA). The results of this research are: First, the asset price, volatility, fungibility, issuance purpose, legal issues, and core functions of RWA and NFTs are compared and analysed, and a linkage plan is proposed for art tokenisation, NFT-based ownership authentication, DeFi and lending, marketplace construction, insurance and security, etc. Second, the RWA-NFT art system design should be designed in the form of partial or complete segregation based on art value. Third, the system architecture of the RWA-based art platform should be designed in three layers, with a total of six systems, including art appraisal, KYC, NFT ownership management, DeFi trading and liquidity supply, insurance, and royalties. Through this research, the reliability and transparency issues of NFTs can be solved with art physical-linked assets, and a service and academic data base for the RWA-NFT system has been established.