China Finance Review International: Volume 14 Issue 3

Guest editorial: Non-fungible token (NFT) and alternative finance: digitalization, decentralization and tokenization

Xiang Gao, Kees Koedijk, Sunghan Ryu, Yuntian Zhang

Dynamic interlinkages between cryptocurrencies, NFTs, and DeFis and optimal portfolio investment strategies

Onur Polat

This study aims to scrutinize time-varying return and volatility interlinkages among major cryptocurrencies, NFT tokens and DeFi assets between 1 July 2018 and 19 February 2023…

Is there a nexus between NFT, DeFi and carbon allowances during extreme events?

Bikramaditya Ghosh, Mariya Gubareva, Noshaba Zulfiqar, Ahmed Bossman

The authors target the interrelationships between non-fungible tokens (NFTs), decentralized finance (DeFi) and carbon allowances (CA) markets during 2021–2023. The recent shift of…

Does the big boss of coins—Bitcoin—protect a portfolio of new-generation cryptos? Evidence from memecoins, stablecoins, NFTs and DeFi

Monika Chopra, Chhavi Mehta, Prerna Lal, Aman Srivastava

The purpose of this research is to primarily understand how crypto traders can use the Bitcoin as a hedge or safe haven asset to reduce their losses from crypto trading. The study…

Investor sentiment and the NFT hype index: to buy or not to buy?

Valeriia Baklanova, Aleksei Kurkin, Tamara Teplova

The primary objective of this research is to provide a precise interpretation of the constructed machine learning model and produce definitive summaries that can evaluate the…

A robust financing theory of ICOs under demand uncertainty of products of token platforms

Aifan Ling, Jie Sun

The market products produced by Initial Coin Offerings (ICO) platforms are often relatively new and have no previous transaction records and therefore are hard to estimate for its…

Time-varying window-based herding detection in the non-fungible token (NFT) marketplace

Eminda Ishan De Silva, Gayithri Niluka Kuruppu, Sandun Dassanayake

The non-fungible token (NFT) market had undergone dramatic growth and a sudden decline during 2021–2022. The market experienced a surge in prices in late 2021 and early 2022, with…

Extended model to explain customer attitude toward NFT and moderating effect of technology optimism

Won-jun Lee

This study empirically examined consumer adoption attitudes and behaviors toward nonfungible tokens (NFTs). Findings indicate that consumer attitudes toward NFTs are influenced by…

Unveiling the digital desire: UTAUT analysis of NFT investment intentions in Malaysia

Faezal Bin Ramly, Mohd Zaidi Md Zabri

This study pioneers the investigation into the determinants influencing Malaysian investors' intentions towards Non-Fungible Token (NFT) investments, utilizing an extended Unified…