INVESTMENT DECISION FACTORS OF NON-FUNGIBLE TOKENS IN THE CZECH REPUBLIC: SURVEY

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F24%3A00012561" target="_blank" >RIV/46747885:24310/24:00012561 - isvavai.cz</a>

Výsledek na webu

<a href="https://acc-ern.tul.cz/archiv/PDF/ACC_2024_2_04.pdf" target="_blank" >https://acc-ern.tul.cz/archiv/PDF/ACC_2024_2_04.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/acc-2024-0007" target="_blank" >10.2478/acc-2024-0007</a>

Jazyk výsledku

angličtina

Název v původním jazyce

INVESTMENT DECISION FACTORS OF NON-FUNGIBLE TOKENS IN THE CZECH REPUBLIC: SURVEY

Popis výsledku v původním jazyce

Non-fungible Tokens (NFTs), represent a revolution in the digital ownership paradigm. NFTs are a kind of digital asset built on blockchain technology, most commonly the Ethereum blockchain, that validate the uniqueness and ownership of a unique digital item in question. Each NFT carries specific information or attributes that make it original and non-fungible. Unlike cryptocurrencies like Bitcoin or Ethereum, which are identical to each other, nonfungible tokens cannot be exchanged on a like-for-like basis making them non-fungible. NFTs are traded for cryptocurrencies via online trading platforms. Investment in NFTs can present a risky situation due to the large volatility of the assets in a quite short time. This article focuses on identification of key aspects that influence decision making process of potential investors who are considering buying non-fungible tokens as an investment tool in the Czech Republic. From the point of view of investment decision-making, the primary factors appear to be the expected income from the investment, its payback period, and the risk that the investor undertakes. It has been proven that there is a degree of dependence between gender and the mentioned decision-making factors. The research showed that men are more inclined to make decisions based on expected returns, while women are more likely to make decisions based on perceived risk.

Název v anglickém jazyce

INVESTMENT DECISION FACTORS OF NON-FUNGIBLE TOKENS IN THE CZECH REPUBLIC: SURVEY

Popis výsledku anglicky

Non-fungible Tokens (NFTs), represent a revolution in the digital ownership paradigm. NFTs are a kind of digital asset built on blockchain technology, most commonly the Ethereum blockchain, that validate the uniqueness and ownership of a unique digital item in question. Each NFT carries specific information or attributes that make it original and non-fungible. Unlike cryptocurrencies like Bitcoin or Ethereum, which are identical to each other, nonfungible tokens cannot be exchanged on a like-for-like basis making them non-fungible. NFTs are traded for cryptocurrencies via online trading platforms. Investment in NFTs can present a risky situation due to the large volatility of the assets in a quite short time. This article focuses on identification of key aspects that influence decision making process of potential investors who are considering buying non-fungible tokens as an investment tool in the Czech Republic. From the point of view of investment decision-making, the primary factors appear to be the expected income from the investment, its payback period, and the risk that the investor undertakes. It has been proven that there is a degree of dependence between gender and the mentioned decision-making factors. The research showed that men are more inclined to make decisions based on expected returns, while women are more likely to make decisions based on perceived risk.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ACC Journal

ISSN

1803-9782

e-ISSN

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Svazek periodika

30(2)

Číslo periodika v rámci svazku

Issue B

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

13

Strana od-do

63-75

Kód UT WoS článku

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EID výsledku v databázi Scopus

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