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What is Nexus of NFT, DeFi, and Carbon Allowances about?

The article investigates the interrelationships between non-fungible tokens (NFTs), decentralized finance (DeFi), and carbon allowances (CA) from 2021 to 2023, particularly in the context of energy consumption and environmental impact due to shifts in mining practices. Using a quantile vector autoregression approach, the study finds that the roles of these markets as shock transmitters and receivers vary significantly between bull and bear markets. This research fills a gap in existing literature by explori

Author

Rachel Basty

Language

EN