The new crypto niche: NFTs, play-to-earn, and metaverse tokens

David Vidal-Tomás

MPRA Paper from University Library of Munich, Germany

Abstract: The combination of blockchain technologies and the gaming industry has given rise to metaverses and play-to-earn games, which incorporate their own economy, commerce, and currencies, namely, metaverse and play-to-earn tokens. In this paper, we analysed the performance and dynamics of 174 tokens, the results of which show that this new crypto niche is characterised by a positive performance in the long run and the absence of dependences on the cryptocurrency market, which could attract more gamers, traders, and companies. However, all these groups should be cautious due to the possible onset of a new crypto bubble.

Keywords: Metaverse; Play-to-earn; NFT; Cryptocurrency; Gaming industry; Diversification (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Date: 2022-01-02
New Economics Papers: this item is included in nep-cul, nep-cwa and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

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Related works:
Journal Article: The new crypto niche: NFTs, play-to-earn, and metaverse tokens (2022)
Working Paper: The new crypto niche: NFTs, play-to-earn, and metaverse tokens (2022)
Working Paper: The new crypto niche: NFTs, play-to-earn, and metaverse tokens (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112361

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