Abstract
The risk and return characteristics of NFT-based companies listed on the cryptocurrency market are investigated in this study. The current spike in NFT activity among creators, investors, and traders has prompted our inquiry. The study start by proposing a new classification system for existing NFTs, ranging from NFT blockchains to NFT metaverses to NFT. Next, the study show that NFTs. Earn 130 percent on the first day of trading; Have a long-term investment multiple of 40 (approximately 4,000 percent), which is four times larger than bitcoin; and have positive and strong alpha and above-average beta. The research also show that following the mid-2021 meltdown, the NFT portion of the cryptocurrency market leads market recovery and generates a return of about 350 percent. The paper's conclusion is that integrating NFT infrastructure into current blockchains increases the market value of these networks. Keywords: NFT, Cryptocurrency, Blockchain, Digital Currency, Binance.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
