Recently, NFT and related financial products have continued to gain popularity in the market. From public chains, algorithmic stablecoins to the gaming field, various financial products such as token incentives, loan contracts, and perpetual contracts have gradually been integrated into the NFT market. However, has the wave of financialization had a positive impact on the NFT market?

After multi-party analysis, token incentives, advanced trading functions, futures, perpetual contracts and options have all had a negative impact on the PFP field, promoted the development of the non-fungible token market, and destroyed the original scarcity and scarcity of the market. Users’ desire for assets. Meanwhile, only NFT lending has had a positive impact on the market. In the future development process, more innovation may be needed to re-energize non-homogeneity and reduce the negative impact of financialization on the market.