수집품 NFT 가치의 영향요인 분석
Analysis of Influencing Factors on Collectibles NFT Value
구훈영(충남대학교 경영학부); 이희정(한양대학교 산업융합학부); 이근철(건국대학교 경영대학)
41권 4호, 1~11쪽
초록
This study investigates how factors such as the number of properties, property rarity, and the number of trades influence NFT value, using path analysis within a structural equation modeling framework. Focusing on the Bored Ape Yacht Club (BAYC), a leading example of collectible NFTs, this analysis indicates that higher rarity and fewer trades generally correlate with greater NFT value. While some inconsistencies were observed in the relationship between rarity and the number of trades, an overall negative correlation emerged, suggesting that rarer NFTs are traded less frequently. The study also identifies an indirect effect of the number of trades on the relationship between rarity and NFT value, highlighting that both rarity and trading activity are valuable considerations when predicting NFT value trends. Interestingly, the number of properties exhibited varying impacts on value, emphasizing an area that warrants further exploration. Furthermore, findings confirm that the rarity of essential properties has a stronger influence on NFT value than additional properties, aligning with previous research. This highlights the importance of prioritizing essential property rarity when assessing NFT values. Collectively, these insights contribute to a deeper understanding of factors shaping NFT value and offer guidance for creators, investors, and collectors navigating the evolving NFT market.
Abstract
This study investigates how factors such as the number of properties, property rarity, and the number of trades influence NFT value, using path analysis within a structural equation modeling framework. Focusing on the Bored Ape Yacht Club (BAYC), a leading example of collectible NFTs, this analysis indicates that higher rarity and fewer trades generally correlate with greater NFT value. While some inconsistencies were observed in the relationship between rarity and the number of trades, an overall negative correlation emerged, suggesting that rarer NFTs are traded less frequently. The study also identifies an indirect effect of the number of trades on the relationship between rarity and NFT value, highlighting that both rarity and trading activity are valuable considerations when predicting NFT value trends. Interestingly, the number of properties exhibited varying impacts on value, emphasizing an area that warrants further exploration. Furthermore, findings confirm that the rarity of essential properties has a stronger influence on NFT value than additional properties, aligning with previous research. This highlights the importance of prioritizing essential property rarity when assessing NFT values. Collectively, these insights contribute to a deeper understanding of factors shaping NFT value and offer guidance for creators, investors, and collectors navigating the evolving NFT market.
- 발행기관:
- 한국경영과학회
- 분류:
- 경영학