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

Lennart Ante, Friedrich-Philipp Wazinski and Aman Saggu

Papers from arXiv.org

Abstract: 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.

Date: 2023-08
New Economics Papers: this item is included in nep-mac, nep-pay and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Finance Research Letters, Volume 58, Part A, 104299 (2023)

Downloads: (external link)
http://arxiv.org/pdf/2308.10309 Latest version (application/pdf)

Related works:
Journal Article: Digital real estate in the metaverse: An empirical analysis of retail investor motivations (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2308.10309

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().