Exploring Non Fungible Tokens in the Digital Economy: Stakeholders, Ecosystem, Risks, and Opportunity DOI

Mas'ud Basry,

Imam Prayogo

Journal Economic Business Innovation, Journal Year: 2024, Volume and Issue: 1(3), P. 352 - 365

Published: Oct. 10, 2024

Purpose: In this research, we analyze what essentially drives the Non-Fungible Token (NFT) market, namely, NFT adoption, investor participation, content creator, technological infrastructure, market value and speculation.Method: A quantitative research approach was adopted, employing blockchain transaction data, marketplace indices, behavior analysis. Hypotheses testing relationships between variables were performed using descriptive inferential statistical techniques, including regression models.Findings: The results indicate that adoption has a positive effect on utility negative value. high level of participation amongst investors correlates with stable whereas speculation causes price fluctuations. creators is considered driving factor while infrastructure important to improve efficiency in market.Novelty: This study novel combination performance metrics participation. It builds existing literature by examining phenomenon elements behind success.Implications: For investors, platform developers, findings have practical implications. Strategies based these insights can help mitigate risks, enhance stability, foster sustainable growth ecosystem.

Language: Английский

Financial contagion in the US, European and Chinese stock markets during global shocks DOI Creative Commons
Марина Малкина

Journal of New Economy, Journal Year: 2025, Volume and Issue: 25(4), P. 47 - 67

Published: Jan. 13, 2025

Under globalisation, integration, and financialisation of national economies, the financial markets’ interdependence tends to swell, which increases probability disturbances spreading between countries, especially during global shocks, calls for development new standards regulation. The article studies contagion among stock markets different countries shocks associated with COVID-19 pandemic, energy crisis, special military operation Russia in Ukraine (SMO). concept underlies methodology research. is diag nosed based on construction DCC-GARCH models calculation dy namic conditional beta coefficients. Causal relationships interaction indices are established using Granger test. data average daily indices: Ameri can S&P 500, European STOXX 600, Shanghai Stock Exchange (SSE) Composite Index – December 2018 March 2024 obtained from portal Investing.com. study reveals a high level connectivity normal times American some autonomy Chinese market. However, 2020 there was short-term strong 500 600 SSE Index, as well longer-term, moderate cross-contagion 600. During 2021 crisis SMO, relatively long-lasting their much weaker Index. findings may be useful market players managing investment portfolios, state formulating stabilisation policies impact shocks.

Language: Английский

Citations

0
A systematic approach to predicting NFT prices using time series forecasting and macroeconomic factors in digital assets DOI Creative Commons

Sudip Giri,

Dongping Du, Mario G. Beruvides

et al.

Cogent Economics & Finance, Journal Year: 2025, Volume and Issue: 13(1)

Published: Feb. 21, 2025

Language: Английский

Citations

0
Can metaverse coins crowd out traditional money forms when inflation surges? DOI Creative Commons
Νikolaos Kyriazis, Athanasios Fassas, Stephanos Papadamou

et al.

Published: March 1, 2025

Language: Английский

Citations

0
Decoding the Dynamic Connectedness Between Traditional and Digital Assets Under Dynamic Economic Conditions DOI Creative Commons
Sahar Loukil, Aamir Aijaz Syed, Fadhila Hamza

et al.

Journal of theoretical and applied electronic commerce research, Journal Year: 2025, Volume and Issue: 20(2), P. 97 - 97

Published: May 9, 2025

This study examines the dynamic interconnectedness between digital and traditional assets, with an emphasis on fiat currencies (such as JPY/USD CHF/USD), cryptocurrencies Bitcoin), assets backed by gold Tether Gold Digix Token) under various economic conditions. The uses sophisticated techniques, including connectedness, quantile time-frequency connectedness analyses, to test non-linear asymmetric interactions asset classes. findings reveal that while cryptocurrencies, especially Bitcoin, frequently serve net recipients of shocks during times instability, gold-backed are primary shock transmitters. These highlight increasing importance play amid geopolitical crises well their growing incorporation into larger financial ecosystem. contributes literature interconnection provides implications for systemic risk management stability; specifically, it offers insightful information hedging portfolio diversification techniques.

Language: Английский

Citations

0
Hedging Uncertainty: Bitcoin's Asymmetric Diversification Benefits in Factor-Based Portfolios DOI Creative Commons
Ion-Iulian Marinescu, Nawazish Mirza, Alexandra Horobeț

et al.

The Quarterly Review of Economics and Finance, Journal Year: 2025, Volume and Issue: unknown, P. 102015 - 102015

Published: May 1, 2025

Language: Английский

Citations

0
Information flow in the FTX bankruptcy: A network approach DOI Creative Commons
Riccardo De Blasis, Luca Galati, Rosanna Grassi

et al.

Physica A Statistical Mechanics and its Applications, Journal Year: 2024, Volume and Issue: unknown, P. 130167 - 130167

Published: Oct. 1, 2024

Language: Английский

Citations

1
Bitcoin, Fintech stocks and Asian Pacific equity markets: a dependence analysis with implications for portfolio management DOI
Emmanuel Joel Aikins Abakah, Nader Trabelsi, Aviral Kumar Tiwari

et al.

The Journal of Risk Finance, Journal Year: 2024, Volume and Issue: unknown

Published: Sept. 13, 2024

Purpose This study aims to provide empirical evidence on the return and volatility spillover structures between Bitcoin, Fintech stocks Asian-Pacific equity markets over time during different market conditions, their implications for portfolio management. Design/methodology/approach We use Time-varying parameter vector autoregressive quantile frequency connectedness approach models framework, in conjunction with Diebold Yilmaz’s connectivity approach. Additionally, we minimum model highlight Findings Regarding uncertainty of whole system, show a small contribution from Bitcoin Fintech, higher four Asian Tigers (Taiwan, Singapore, Hong Kong Thailand). The analyses also demonstrate that link among assets is symmetric, short-term spillovers having largest influence. Finally, Bitcoins are excellent diversification hedging instruments investors. Practical There an instantaneous, symmetric dynamic stock markets, Bitcoin. conclusion should be considered by investors managers when creating risk strategies, as well policymakers implementing financial stability policies. Originality/value study’s major analyze which dynamic, immediate.

Language: Английский

Citations

0
Exploring Non Fungible Tokens in the Digital Economy: Stakeholders, Ecosystem, Risks, and Opportunity DOI

Mas'ud Basry,

Imam Prayogo

Journal Economic Business Innovation, Journal Year: 2024, Volume and Issue: 1(3), P. 352 - 365

Published: Oct. 10, 2024

Purpose: In this research, we analyze what essentially drives the Non-Fungible Token (NFT) market, namely, NFT adoption, investor participation, content creator, technological infrastructure, market value and speculation.Method: A quantitative research approach was adopted, employing blockchain transaction data, marketplace indices, behavior analysis. Hypotheses testing relationships between variables were performed using descriptive inferential statistical techniques, including regression models.Findings: The results indicate that adoption has a positive effect on utility negative value. high level of participation amongst investors correlates with stable whereas speculation causes price fluctuations. creators is considered driving factor while infrastructure important to improve efficiency in market.Novelty: This study novel combination performance metrics participation. It builds existing literature by examining phenomenon elements behind success.Implications: For investors, platform developers, findings have practical implications. Strategies based these insights can help mitigate risks, enhance stability, foster sustainable growth ecosystem.

Language: Английский

Citations

0