In the metaverse,digital assets are essential to define identity,shape the virtual environment,and facilitate economic transactions.This study introduces a novel feature to the metaverse by capturing a fundamental asp...In the metaverse,digital assets are essential to define identity,shape the virtual environment,and facilitate economic transactions.This study introduces a novel feature to the metaverse by capturing a fundamental aspect of individuals–their conversations–and transforming them into digital assets.It utilizes natural language processing and machine learning methods to extract key sentences from user conversations and match them with emojis that reflect their sentiments.The selected sentence,which encapsulates the essence of the user’s statements,is then transformed into digital art through a generative visual model.This digital artwork is transformed into a non-fungible token,becoming a valuable digital asset within the blockchain ecosystem that is ideal for integration into metaverse applications.Our aim is to manage personality traits as digital assets to foster individual uniqueness,enrich user experiences,and facilitate more personalized services and interactions with both like-minded users and non-player characters,thereby enhancing the overall user journey.展开更多
The asymmetries of factors influencing the return of cryptocurrencies have already been well documented;however,in the case of NFTs,only information asymmetries and hedging properties related to asymmetries were studi...The asymmetries of factors influencing the return of cryptocurrencies have already been well documented;however,in the case of NFTs,only information asymmetries and hedging properties related to asymmetries were studied.Therefore,the present study examines factors affecting NFT returns,from market-related factors(cryptomarket index return and stock market index return)to the Amihud illiquidity ratio and Google search trends during different market conditions.The wavelet coherences-based methodology was applied separately during the boom,bust,normal,and turbulent periods identified by structural breakpoints.Based on 14 NFT projects between April 2019 and July 2022,results show two fundamental asymmetries influencing these NFT returns.First,there is an asymmetry in the behavior of the factors in different periods;second,there is an asymmetry in how illiquidity manifests itself over NFTs that do or do not possess cash flow-generating potential.展开更多
文摘In the metaverse,digital assets are essential to define identity,shape the virtual environment,and facilitate economic transactions.This study introduces a novel feature to the metaverse by capturing a fundamental aspect of individuals–their conversations–and transforming them into digital assets.It utilizes natural language processing and machine learning methods to extract key sentences from user conversations and match them with emojis that reflect their sentiments.The selected sentence,which encapsulates the essence of the user’s statements,is then transformed into digital art through a generative visual model.This digital artwork is transformed into a non-fungible token,becoming a valuable digital asset within the blockchain ecosystem that is ideal for integration into metaverse applications.Our aim is to manage personality traits as digital assets to foster individual uniqueness,enrich user experiences,and facilitate more personalized services and interactions with both like-minded users and non-player characters,thereby enhancing the overall user journey.
文摘The asymmetries of factors influencing the return of cryptocurrencies have already been well documented;however,in the case of NFTs,only information asymmetries and hedging properties related to asymmetries were studied.Therefore,the present study examines factors affecting NFT returns,from market-related factors(cryptomarket index return and stock market index return)to the Amihud illiquidity ratio and Google search trends during different market conditions.The wavelet coherences-based methodology was applied separately during the boom,bust,normal,and turbulent periods identified by structural breakpoints.Based on 14 NFT projects between April 2019 and July 2022,results show two fundamental asymmetries influencing these NFT returns.First,there is an asymmetry in the behavior of the factors in different periods;second,there is an asymmetry in how illiquidity manifests itself over NFTs that do or do not possess cash flow-generating potential.
