Dynamic quantile frequency connectedness and dependence between global football club fan tokens, cryptocurrencies, and uncertainty indices

Key Points

• Dependence between global football club fan tokens and cryptocurrencies is significant with varying levels of uncertainty indices.
• The study identifies that fan tokens and cryptocurrencies exhibit substantial connectedness across different market conditions.
• Observational analysis of market data on football club fan tokens, cryptocurrencies, and uncertainty indices demonstrates dynamic relationships.
• Highlighting potential interactions among fan tokens and cryptocurrencies guides fans and investors in market strategies.