Appendix-Individual Work Pricing by Non-fungible Personal Tokens
Creators: name: Karolina, Nowak
Publisher: name: Zenodo
Year: 2022
Subjects: non-fungible tokens (NFT), gig workers, financial valuation, network valuation, axiological valuation

description: <strong>Appendix </strong> Chapter "Individual Work Pricing by Non-fungible Personal Tokens (“NFT Gig Tokens”) – a New Opportunity for Gig Workers" authors: Kamilla Marchewka-Bartkowiak, Michał Litwiński, Karolina Nowak <strong>Tables: </strong> <em>Table 12.6.</em><em> </em>Classification of services provided by personal token issuers, according to Kässi and Lehdonvirta (2018), <em>Source:</em> Kässi and Lehdonvirta (2018). <em>Table 12.7.</em> Type of services, according to classification by Kässi and Lehdonvirta, <em>Source:</em> own calculations based on data from PT platform. <em>Table 12.8.</em> Type of services provided by analysed 45 token issuers; <em>Source:</em> own calculations based on data from PT platform. <em>Table 12.9</em> Valuation of services and basic information on personal tokens; * PT prices as on 30<sup>th</sup> June 2021; <em>Source:</em> own calculations based on data from PT platform. <strong>Figures:</strong> <em>Figure 12.4.</em> Market price per 1 hour of individual work of PT owners and network (axiological) valuation (in a range from 1PT/1work hour to 1,200 PT/1work hour); <em>Source:</em> own elaboration based on data from PT platform. <em>Figure 12.5.</em> Market price per 1 hour of individual work of PT owners and network (axiological) valuation (in a range from 2,000PT/1work hour to 10,000PT/1work hour)*; * for a clearer graphical presentation the figure does not include the case with highest price per token – VIP tokens (70,000 tokens per 1 work hour); <em>Source:</em> own elaboration based on data from PT platform. Abstract: The authors address the problem of labour valuation in a world shaped by new technologies. Specifically, the paper explores the question of whether NFT gig tokens constitute such a tool for valuing one's own work that will take into account both financial and network dimensions of that valuation. The thesis is formulated that NFT gig tokens has the potential to become a new mean of labour valuation for and by gig workers. The article is based on empirical data concerning the owners of tokens, which are issued on an intentionally created personal token platform (https://personaltokens.io/). The study covers 170 personal token issuers, 45 of which were analysed in detail. As methods the quantitative analysis (mainly t-test of significance of correlation coefficients between the included indicators and descriptive statistics of the created indicators) and content analysis in a framework of the cultural approach were used. The results of research are: (1) a newly developed classification of work offered by digital token issuers that are considered as a part of a gig workers group, (2) an axiological reasoning of network factor of valuation (3) identification of factors influencing the valuation of work using personal tokens. The financial benefits seem to be of lower relevance here. The main criteria of work valuation are the appearance in the virtual world and the development of a network of contacts, which will enable them to achieve a network effect in the long term. The latter can, subsequently, translate into the increased financial benefits of personal token issues offering their work using the analysed platform. JEL classification: G41, D46, J40, O33