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Hur påverkar prisförändringar på kryptovalutor värde t på Non-fungible toke ns (NFT)?
University West, School of Business, Economics and IT.
University West, School of Business, Economics and IT.
2022 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This paper analysis Bitcoin and Ethers impact on Non-fungible tokens over the period 05/03/2021 to 1/5/2022. A relatively new area in the financial market that is under great expansion and change. Previous studies in the field indicate a relationship between the variables in the study, studies mentioned in the article show that Bitcoin and Ether influence NFT. The methodology in the study is based on a VAR framework and a test for Granger causality is performed. The results show that there is a relationship between the variables, through an interpretation of the coefficients in VAR, one could see an indication of a long-term relationship between the variables as a time delay on Ether, Bitcoin and NFT have a weak effect on NFT's index. The Granger causality test also shows that there is a causal relationship, where Bitcoin and Ether cause NFT in the short run. Based on the results of the study compared with previous studies, it is concluded that Ether have a positive impact on the value of NFT.

Place, publisher, year, edition, pages
2022. , p. 69
Keywords [en]
Non-fungible tokens, NFT, Bitcoin, Ether, Ethereum, Blockchain, VAR, Granger Casuality
National Category
Economics
Identifiers
URN: urn:nbn:se:hv:diva-18623Local ID: EXC513OAI: oai:DiVA.org:hv-18623DiVA, id: diva2:1674480
Subject / course
Nationalekonomi
Educational program
Mäklarekonomprogrammet, fastighet och finans
Supervisors
Examiners
Available from: 2022-06-22 Created: 2022-06-22 Last updated: 2022-06-22Bibliographically approved

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