Digital Real Estate in the Metaverse: An Empirical Analysis of Retail Investor Motivations

التفاصيل البيبلوغرافية
العنوان: Digital Real Estate in the Metaverse: An Empirical Analysis of Retail Investor Motivations
المؤلفون: Ante, Lennart, Wazinski, Friedrich-Philipp, Saggu, Aman
المصدر: Finance Research Letters, Volume 58, Part A, 104299 (2023)
سنة النشر: 2023
المجموعة: Quantitative Finance
مصطلحات موضوعية: Quantitative Finance - General Finance, 91G70, 91B08, J.4, K.4.4
الوصف: This paper investigates retail investor motivations for digital real estate ownership in the crypto-metaverse. Utilizing a detailed financial behavior survey of metaverse landowners' intrinsic and extrinsic motivations, we apply principal components analysis to uncover four distinct motivational groups: (1) Aesthetics and Identity, (2) Social and Community, (3) Speculation and Investment, and (4) Innovation and Technology. Our findings reveal that age, education, investment knowledge, risk-taking, and impulsivity significantly influence investor group membership. This research provides valuable insights to investors and developers, underscoring the potential of a platform to attract retail investors with speculative intentions, engagement longevity, and passive or active trading characteristics, contingent on unique crypto-metaverse attributes.
Comment: 27 pages, 1 figure, 4 tables, 1 appendix table
نوع الوثيقة: Working Paper
DOI: 10.1016/j.frl.2023.104299
URL الوصول: http://arxiv.org/abs/2308.10309
رقم الأكسشن: edsarx.2308.10309
قاعدة البيانات: arXiv
الوصف
DOI:10.1016/j.frl.2023.104299