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have collected over 7.6 million top shot moments, building the roster of rookies, vets, and rising star players. Following projects also enjoy great success including Picasso Punks [51], Hashmasks [31], 3DPunks [4], unofficial punks [63], Polkamon [52], Chubbies [14], Bullrun Babes [12], Aavegotchi [5], CryptoCats [18], Moon Cats Rescue [42], NFT box [46], etc. There is no doubt that there is a hype cycle surrounding NFTs where most of products can be sold with high prices, some even hundreds or thousands of ETHs. Besides games and collectibles, NFTs also promote the development of art [108], ticketing event [103], value [77],[78], IoT [100], and finance [80][97]. Other types of surrounding markets play important roles as well to provide instant information and secure environments like statistic websites (e.g. NonFungible [49], DappRadar [24], NFT bank[45], DefiPulse [26], Coingecko [15]), trading marketplace (cryptoslam [21], Opensea [50], SuperRare [59], Nifty Gateway [48], Rarible [55], Zora [69]) and so-called NFT ecosystem (such as Dego [25]). Despite NFTs have a tremendous potential impact on the current decentralized markets and future business opportunities, the NFT technologies are still in the very early stage. Some potential challenges are required to be carefully tack- led, while some promising opportunities should be highlighted. Further, even though much literature on NFTs, from blogs, wikis, forum posts, codes and other sources, are available to the public, a systematic study is absent. This paper aims to draw attention to these questions insofar as observed and focus on summarising current NFT solutions. We provide a detailed analysis of its core components, technology roadmap status, opportunities and challenges. The contributions are provided as follows. - Firstly, we abstract the design models of current NFT solutions. Specifically, we identify the core technical components that are used to construct NFTs. Then, we present their protocols, standards and targeted properties. - Secondly, we give a security evaluation of current NFT systems. We adopt the STRIDE threat and risk evaluation [106] to investigate potential security issues. Based on that, we also discuss the corresponding defense measures for the issues. - Thirdly, we explore some future opportunities of NFTs in many fields. Ap- plying NFTs to real scenarios will boost a wide range of new applications. We give a set of practical instances (projects) leveraging NFTs with great success or prosperous markets. - Finally, we highlight a series of open challenges in NFT ecosystems. Blockchain- based NFT systems still confront unavoidable problems like privacy issues, data inaccessibility, etc. We outline open challenges existed in state-of-the- art NFT solutions. The rest part of this work is organized as follows. Section 2 provides the technical components used to build NFTs. Section 3 presents the protocols and standards. Based on that, Section 4 gives our security evaluation. Section 5 discusses the 3PDF Image | NFTs Non-Fungible Tokens Focus
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