MultiNFT: A Multimodal Dataset for Non-Fungible Tokens Market Analysis

Non-fungible tokens (NFTs) are unique digital assets that play an increasingly important role in decentralized markets, supporting new forms of ownership, valuation, and exchange. Their inherently multimodal structure, which encompasses visual content, metadata, and trading history, has led to a growing academic interest in modeling NFT pricing and market behavior. However, existing research is limited by the lack of comprehensive datasets that unify these modalities with consistent formatting and longitudinal coverage. To address this gap, we introduce MultiNFT, a large-scale multimodal dataset comprising 50 curated profile picture (PFP) NFT collections, including 523,020 unique assets and 2.38 million transaction records from April 2021 to September 2025. MultiNFT integrates standardized images, structured metadata, and time-series trading data, along with rarity scores and aesthetic features, offering a unified foundation for multimodal learning and NFT analytics. Unlike prior datasets that focus on visual similarity or static snapshots, MultiNFT captures evolving valuation dynamics across market cycles and connects them to trait-level characteristics. We demonstrate the utility of the dataset through three case studies, including within-collection rarity-price analysis, visual feature clustering across collections, and quantifying feature contributions in a comprehensive pricing model. By bridging computer vision, behavioral modeling, and financial forecasting, MultiNFT supports a wide range of interdisciplinary research and practical use cases. The dataset is publicly available and is intended to promote reproducible experimentation and further exploration of the mechanisms driving value in digital asset ecosystems.

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Publication Details

Published
2025-12-08
DOI
https://doi.org/10.1109/bigdata66926.2025.11400834
Primary Topic
Blockchain Technology Applications and Security
Type
article
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article

MultiNFT: A Multimodal Dataset for Non-Fungible Tokens Market Analysis

Yu Zheng, Cathy Yi‐Hsuan Chen, Yi-Xiang Wang, Bowei Chen et al.
Blockchain Technology Applications and Security
article

MultiNFT: A Multimodal Dataset for Non-Fungible Tokens Market Analysis

Yu Zheng, Cathy Yi‐Hsuan Chen, Yi-Xiang Wang, Bowei Chen, Shuying Liu
article en

Abstract

Non-fungible tokens (NFTs) are unique digital assets that play an increasingly important role in decentralized markets, supporting new forms of ownership, valuation, and exchange. Their inherently multimodal structure, which encompasses visual content, metadata, and trading history, has led to a growing academic interest in modeling NFT pricing and market behavior. However, existing research is limited by the lack of comprehensive datasets that unify these modalities with consistent formatting and longitudinal coverage. To address this gap, we introduce MultiNFT, a large-scale multimodal dataset comprising 50 curated profile picture (PFP) NFT collections, including 523,020 unique assets and 2.38 million transaction records from April 2021 to September 2025. MultiNFT integrates standardized images, structured metadata, and time-series trading data, along with rarity scores and aesthetic features, offering a unified foundation for multimodal learning and NFT analytics. Unlike prior datasets that focus on visual similarity or static snapshots, MultiNFT captures evolving valuation dynamics across market cycles and connects them to trait-level characteristics. We demonstrate the utility of the dataset through three case studies, including within-collection rarity-price analysis, visual feature clustering across collections, and quantifying feature contributions in a comprehensive pricing model. By bridging computer vision, behavioral modeling, and financial forecasting, MultiNFT supports a wide range of interdisciplinary research and practical use cases. The dataset is publicly available and is intended to promote reproducible experimentation and further exploration of the mechanisms driving value in digital asset ecosystems.

Southwestern University of Finance and Economics (CN), University College London (GB), Adam Smith Institute (GB), University of Glasgow (GB)
Openalex Percentile: Top 13%
Blockchain Technology Applications and Security
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