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What do you think will the tech bros jump on next? (feddit.org)

submitted 1 week ago by Kennystillalive@feddit.org to c/memes@lemmy.world

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[–] kameecoding@lemmy.world 2 points 1 week ago

What you described literally happened with blockchain, not with NFTs because by then everyone knew blockchain is fucking stupid and NFTs were just a layer of full retard on top.

https://www.sciencedirect.com/science/article/abs/pii/S0165176519304148#%3A%7E%3Atext=In+a+recent+study%2C+Jain%2Cafter+the+name+change+announcement.

In a recent study, Jain and Jain (2019) measure the valuation effect of including the words “blockchain” or “bitcoin” in corporate names using a set of ten publicly listed firms. They found that these firms earn significant positive abnormal returns that persist for 2 months after the name change announcement.

https://qz.com/1175701/putting-bitcoin-or-blockchain-in-a-company-name-is-sometimes-enough-for-a-pop-on-the-stock-market