Fig. 1
From: Wallets’ explorations across non-fungible token collections
A schematic diagram of the models. The figure of NFTs are from ‘NotOkayBears’. Tables in the figure show probabilities that a collection is chosen as the next collection. Model 1 (M1) selects the next collection randomly. This model is the baseline for comparison with other models. Model 2 (M2) introduces an exploration parameter p, which decides the frequency of exploration. In this model, an agent explores a new collection with a probability p. In case of exploration, the next collection is selected randomly. Model 3 (M3) is similar to Model 2 but the next collection is sampled from a function following Lévy flight with an exponent \(\alpha\).
