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How Materialism Influences the Purchase of NFT-Based Artworks

Andrea Sestino (), Gianluigi Guido () and Alessandro M. Peluso ()
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Andrea Sestino: University of Bari Aldo Moro
Gianluigi Guido: University of Salento
Alessandro M. Peluso: University of Salento

Chapter Chapter 4 in Non-Fungible Tokens (NFTs), 2022, pp 43-51 from Springer

Abstract: Abstract This chapter proposes the notion that materialism (i.e., the individuals’ tendency to appreciate material possessions more than spiritual values) could be a major determinant of consumers’ intention to purchase NFT-based digital products. Thus, it presents an empirical study that tests this notion in a virtual artworks’ setting. The obtained results provided evidence for this notion by showing a positive relationship between materialism and consumers’ intention to purchase NFT-based artworks.

Keywords: Art setting; NFT-based products; Materialism; Consumers’ purchase intention (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-07203-1_4

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DOI: 10.1007/978-3-031-07203-1_4

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