---
title: Anticipatory Gains and Event-Driven Losses in Blockchain-Based Fan Tokens: Evidence from the FIFA World Cup
url: https://www.ml-quant.com/papers/doi/10-1016-j-ribaf-2024-102333/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: doi:10.1016/j.ribaf.2024.102333
source_url: http://dx.doi.org/10.1016/j.ribaf.2024.102333
featured: 2024-03-27
citations: 15
topic: Crypto & DeFi
---


# Anticipatory Gains and Event-Driven Losses in Blockchain-Based Fan Tokens: Evidence from the FIFA World Cup

Football teams' blockchain fan tokens increase in value before the World Cup but drop during matches, especially if the team loses.

- Source: http://dx.doi.org/10.1016/j.ribaf.2024.102333
- Identifier: doi:10.1016/j.ribaf.2024.102333
- Released: 2024-03-23
- First featured: Quant Letter No. 42 (2024-03-27): https://www.ml-quant.com/issues/2024-03-27/
- Citations (Semantic Scholar): 15
- Published in: Research in International Business and Finance
- Topic: Crypto & DeFi

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