The hype surrounding nonfungible tokens is well documented. Allegations of price manipulation and rampant speculation abound for this nascent asset class. However, are these hypes warranted? Or is it merely fear of a new asset class? Together with my coauthor Syed Tariq, I attempt an answer to this question by studying a large NFT transaction database to detect non-humanlike trading patterns which could be indicative of wash trading.

More details to follow.