Non-Fungible Tokens (NFTs) took the already profitable gaming industry to a whole new level. Before that, people would pay to buy games, and there were also some in-game purchases. But now every item in games is an NFT, and different NFTs have different prices. A lot of users consider NFT metaverse games an investment opportunity. Therefore, it is vital to evaluate these metaverse games and rate them to find the most attractive investment opportunities. In this paper, we develop a framework for rating NFT metaverse games by considering their various risks and potential upsides through the PROMETHEE II method. Specially, we design a flip ratio that can take into account both the opportunity to flip another cryptocurrency and the risk of being flipped by another cryptocurrency. Our new flip ratio could be a very useful measure of risk-opportunity analysis. We also analyze the crash risk of NFT game tokens' prices through a non-parametric value at risk analysis, which is compatible with the volatile nature of cryptocurrency prices.
Non-Fungible Tokens PROMETHEE II Metaverse Flip Ratio Non-Parametric Value at Risk
Birincil Dil | İngilizce |
---|---|
Bölüm | Research Articles |
Yazarlar | |
Yayımlanma Tarihi | 31 Aralık 2022 |
Gönderilme Tarihi | 5 Ocak 2022 |
Yayımlandığı Sayı | Yıl 2022 Cilt: 2 Sayı: 2 |
Journal of Metaverse
is indexed and abstracted by
Scopus and DOAJ
Publisher
Izmir Academy Association
www.izmirakademi.org