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NFT1000: A Cross-Modal Dataset For Non-Fungible Token Retrieval

Shuxun Wang, Yunfei Lei, Ziqi Zhang, Wei Liu, Haowei Liu, Li Yang, Bing Li, Wenjuan Li, Jin Gao, Weiming Hu

2024Year
3Citations

Abstract

With the rise of "Metaverse" and "Web 3.0", Non-Fungible Token (NFT) has emerged as a kind of pivotal digital asset, garnering significant attention. By the end of March 2024, more than 1.7 billion NFTs have been minted across various blockchain platforms. To effectively locate a desired NFT, conducting searches within a vast array of NFTs is essential. The challenge in NFT retrieval is heightened due to the high degree of similarity among different NFTs, regarding regional and semantic aspects. In this paper, we will introduce a benchmark dataset named "NFT Top1000 Visual-Text Dataset" (NFT1000, as shown in Fig. 1), containing 7.56 million image-text pairs, and being collected from 1000 most famous PFP 1 NFT collections 2 by sales volume on the Ethereum blockchain. Based on this dataset and leveraging the CLIP series of pre-trained models as our foundation, we propose the dynamic masking fine-tuning scheme. This innovative approach results in a 7.4% improvement in the top1 accuracy rate, while utilizing merely 13% of the total training data (0.79 million vs. 6.1 million). We also propose a robust metric Comprehensive Variance Index (CVI) to assess the similarity and retrieval difficulty of visual-text pairs data. The dataset will be released as an open-source resource. For more details, please refer to: https://github.com/ShuxunoO/NFT-Net.git * Corresponding author. 1 PFP is an abbreviation for "Profile Picture", representing a category of NFTs primarily used as avatars in social media contexts. 2 An NFT collection represents an NFT project, which contains the same batch of media files and metadata data.

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