Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/9269
Title: The Relationship Between Fan Tokens And Cryptocurrencies: An Empirical Evidence
Authors: Demir, Mehmet Ali
Aktaş Ramazan
Pramuanjaroenkij, Anchasa
Phankhoksoong, Siriluk
Chollakup, Rungsima
Kakaç, Sadık
Keywords: Fan Token
Cryptocurrency
Cryptoasset
Blockchain
Sports
Issue Date: 2022
Abstract: In recent years, as a result of the increasing popularity of crypto-assets all over the world, an increasing number of innovative crypto assets are coming to the market. In this context, Fan Tokens, which is a type of "utility token", are also discussed in this research as a prominent crypto asset in recent years. As developments in both cryptocurrency and sports sector increase the interest in Fan Tokens day by day, the financial volume of the system is constantly growing. With the growing volume, the risks taken by those who buy Fan Tokens are also increasing. Although there are studies on the risks of crypto assets in the literature, since the issue is not addressed specifically for Fan Tokens, it is deemed worthy of our review. The relationship between the price movements of Fan Tokens and the movements of the dominant crypto assets has been examined. It has been determined by the regression and correlation analyzes in the research that the movements in the crypto money exchanges have an effect on the Fan Token exchanges. Therefore, the developments in the crypto money exchanges should be followed especially and carefully for those who see the Fan Tokens as an investment tool.
URI: https://doi.org/10.18092/ulikidince.1112054
https://search.trdizin.gov.tr/yayin/detay/1139602
https://hdl.handle.net/20.500.11851/9269
ISSN: 1307-9832
1307-9859
Appears in Collections:TR Dizin İndeksli Yayınlar / TR Dizin Indexed Publications Collection

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