Crypto Assets / NFTs / Web3

Applied Bitcoin Investments

The thesis should analyze the impact of different Bicoin investment strategies. One popular one is mixing a (low) share of Bitcoin exposure with a risk-free investment. Other may involve gold or volatility indices. Please contact Andre Guettler if you are interested.

 

How can tokenization help to improve voluntary carbon offset trading and sales

The thesis should analyze how tokenization can help to improve carbon offset markets. At the moment, there are only few companies active in this emerging market (see more information here, here, and here). Hence, you need to apply a very explorative (case study) approach. Thesis should be written in English. Please contact Andre Guettler if you are interested. 

 

Crypto betas

The thesis should calculate betas for liquid crypto assets (excluding stable coins). For that purpose, a database with daily crypto assets price data should be obtained. In the next step, a crypto index should be calculated (e.g., based on the top 100 non-stable coins). Finally, the betas are calculated and analysed. Further factors such as size, age, and category should be analyzed. Thesis can be written in English or German. Please contact Andre Guettler if you are interested. 

 

Price and Volatility Pattern of Crypto Assets

The thesis should replicate and update publications by Caporale and Plastun (2019) and Baur et al. (2019). An reasonable extension would be to use (non-stable) Altcoins in addition to Bitcoin. Please contact Andre Guettler if you are interested. Thesis can be written in English or German.

 

Overview of the DeFi lending / borrowing market

The thesis should provide an overview of the Defi lending / borrowing market. Please see first information here and general statistics here. Please contact Andre Guettler  if you are interested. Thesis can be written in English or German.

 

Overview of Decentralized Exchanges (DEX)

The thesis should provide an overview of decentralized exchanges (DEX) such as Uniswap or Curve Finance. Please see first information here and general statistics here. Please contact Andre Guettler if you are interested. 

 

Central bank digital currency (CBDC)
Central banks already issue digital money, but only to a select group of financial institutions. Central bank digital currency would extend this to households and firms. This thesis should examines the proposal for such currency and assesses the opportunities and risks. Related literature can be found here. Please contact Andre Guettler if you are interested. 

 

Comparative Analysis of Bitcoin and Gold as Store of Value

This thesis should examine the similarities and differences between Bitcoin and gold, focusing on their effectiveness, investor perceptions, and roles as historical stores of value in the context of modern financial systems. Please contact  Alexander Wiedenmann if you are interested.

 

A case study of MicroStrategy

The company is know to hold more than 200k Bitcoin (largest corporate owner). It borrows (heavily) to finance further acquisitions. While the thesis has a crypto component, it's mainly a valuation exercise. Please contact Andre Guettler if you are interested.  

 

Asset management and asset pricing:

Dividend-based investment strategies

The thesis should backtest an applied dividend-based investment strategy (find first information here) using European stock market data. Please contact Andre Guettler  if you are interested.