Digital Real Estate in the Metaverse: An Empirical Analysis of Retail Investor Motivations
| Autor: | Ante, Lennart, Wazinski, Friedrich-Philipp, Saggu, Aman |
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| Rok vydání: | 2023 |
| Předmět: | |
| Zdroj: | Finance Research Letters, Volume 58, Part A, 104299 (2023) |
| Druh dokumentu: | Working Paper |
| DOI: | 10.1016/j.frl.2023.104299 |
| Popis: | 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 |
| Databáze: | arXiv |
| Externí odkaz: |
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