Publicação
A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge
| Resumo: | Non-fungible tokens (NFTs) have garnered attention because of their potential to disrupt traditional business models in various industries. This study provides insights into the drivers of individuals' intentions to purchase NFTs by investigating the relationship between perceived value (scarcity, uniqueness, verifiability, and royalty), as well as facilitating conditions, social influence, individual differences, and personality traits, and the intention to purchase NFTs. Decision-makers, creators, and investors can benefit from understanding these drivers. The proposed model integrates constructs from multiple adoption frameworks and related NFT literature to analyze the individual determinants of NFT purchase intentions. This study utilized a survey to collect data from participants and employed the partial least squares structural equation modeling (PLS/SEM) technique to validate the proposed model empirically. The findings indicate that perceived value, facilitating conditions, social influence, individual differences, and personality traits significantly shape individuals’ intentions to purchase NFTs. Perceived scarcity, verifiability, and royalty were found to be positively associated with perceived value, whereas perceived uniqueness did not demonstrate a statistically significant relationship. Furthermore, the study suggests that individual differences and personality traits do not moderate the relationship between perceived value and NFT purchase intention. However, individual differences and personality traits are directly associated with NFT purchase intention. |
|---|---|
| Autores principais: | Zavichi, Mona |
| Outros Autores: | Aparicio, Manuela |
| Assunto: | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| Ano: | 2025 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| _version_ | 1868414296302551040 |
|---|---|
| author | Zavichi, Mona |
| author2 | Aparicio, Manuela |
| author2_role | author |
| author_facet | Zavichi, Mona Aparicio, Manuela |
| author_role | author |
| contributor_name_str_mv | NOVA Information Management School (NOVA IMS) Information Management Research Center (MagIC) - NOVA Information Management School Elsevier RUN |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Zavichi, Mona\"},{\"Person.name\":\"Aparicio, Manuela\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | NOVA Information Management School (NOVA IMS) Information Management Research Center (MagIC) - NOVA Information Management School Elsevier RUN |
| datacite.creators.creator.creatorName.fl_str_mv | Zavichi, Mona Aparicio, Manuela |
| datacite.date.Accepted.fl_str_mv | 2025-11-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2025-10-24T22:02:05Z |
| datacite.date.embargoed.fl_str_mv | 2025-10-24T22:02:05Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| datacite.titles.title.fl_str_mv | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| dc.contributor.none.fl_str_mv | NOVA Information Management School (NOVA IMS) Information Management Research Center (MagIC) - NOVA Information Management School Elsevier RUN |
| dc.creator.none.fl_str_mv | Zavichi, Mona Aparicio, Manuela |
| dc.date.Accepted.fl_str_mv | 2025-11-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2025-10-24T22:02:05Z |
| dc.date.embargoed.fl_str_mv | 2025-10-24T22:02:05Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10362/189707 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| dc.title.fl_str_mv | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | Non-fungible tokens (NFTs) have garnered attention because of their potential to disrupt traditional business models in various industries. This study provides insights into the drivers of individuals' intentions to purchase NFTs by investigating the relationship between perceived value (scarcity, uniqueness, verifiability, and royalty), as well as facilitating conditions, social influence, individual differences, and personality traits, and the intention to purchase NFTs. Decision-makers, creators, and investors can benefit from understanding these drivers. The proposed model integrates constructs from multiple adoption frameworks and related NFT literature to analyze the individual determinants of NFT purchase intentions. This study utilized a survey to collect data from participants and employed the partial least squares structural equation modeling (PLS/SEM) technique to validate the proposed model empirically. The findings indicate that perceived value, facilitating conditions, social influence, individual differences, and personality traits significantly shape individuals’ intentions to purchase NFTs. Perceived scarcity, verifiability, and royalty were found to be positively associated with perceived value, whereas perceived uniqueness did not demonstrate a statistically significant relationship. Furthermore, the study suggests that individual differences and personality traits do not moderate the relationship between perceived value and NFT purchase intention. However, individual differences and personality traits are directly associated with NFT purchase intention. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | article |
| fulltext.url.fl_str_mv | https://run.unl.pt/bitstreams/e561da21-9e60-424b-b322-83195464e0e0/download |
| id | run_d9b754f97f33db63429c8f80f76bfaf2 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10362/189707 |
| instacron_str | unl |
| institution | Universidade Nova de Lisboa |
| instname_str | Universidade Nova de Lisboa |
| language | eng |
| network_acronym_str | run |
| network_name_str | Repositório Institucional da UNL |
| oai_identifier_str | oai:run.unl.pt:10362/189707 |
| organization_str_mv | urn:organizationAcronym:unl |
| person_str_mv | Zavichi, Mona Aparicio, Manuela |
| publishDate | 2025 |
| reponame_str | Repositório Institucional da UNL |
| repository_id_str | urn:repositoryAcronym:run |
| service_str_mv | urn:repositoryAcronym:run |
| spelling | engenNon-fungible tokens (NFTs) have garnered attention because of their potential to disrupt traditional business models in various industries. This study provides insights into the drivers of individuals' intentions to purchase NFTs by investigating the relationship between perceived value (scarcity, uniqueness, verifiability, and royalty), as well as facilitating conditions, social influence, individual differences, and personality traits, and the intention to purchase NFTs. Decision-makers, creators, and investors can benefit from understanding these drivers. The proposed model integrates constructs from multiple adoption frameworks and related NFT literature to analyze the individual determinants of NFT purchase intentions. This study utilized a survey to collect data from participants and employed the partial least squares structural equation modeling (PLS/SEM) technique to validate the proposed model empirically. The findings indicate that perceived value, facilitating conditions, social influence, individual differences, and personality traits significantly shape individuals’ intentions to purchase NFTs. Perceived scarcity, verifiability, and royalty were found to be positively associated with perceived value, whereas perceived uniqueness did not demonstrate a statistically significant relationship. Furthermore, the study suggests that individual differences and personality traits do not moderate the relationship between perceived value and NFT purchase intention. However, individual differences and personality traits are directly associated with NFT purchase intention.application/pdfenA theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledgeZavichi, MonaAparicio, ManuelaNOVA Information Management School (NOVA IMS)Information Management Research Center (MagIC) - NOVA Information Management SchoolElsevierHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptISSNIsPartOf2530-7614URNIsPartOfPURE: 132966226URNIsPartOfPURE UUID: 95b2665e-2811-42f1-8e3f-25a369737932URNIsPartOfcrossref: 10.1016/j.jik.2025.100841URNIsPartOfScopus: 105019676840URNIsPartOfWOS: 001598987600004URNIsPartOfORCID: /0000-0003-4261-0344/work/195148589DOIIsPartOf10.1016/j.jik.2025.1008412025-10-24T22:02:05Z2025-11-012025-11-01T00:00:00ZHandlehttp://hdl.handle.net/10362/189707http://purl.org/coar/access_right/c_abf2open accessNon-fungible tokenAlternative investmentsNFT purchase intentionNFT adoption modelBusiness and International ManagementEconomics and EconometricsMarketingManagement of Technology and InnovationSDG 8 - Decent Work and Economic GrowthSDG 9 - Industry, Innovation, and Infrastructure4508140 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/e561da21-9e60-424b-b322-83195464e0e0/download |
| spellingShingle | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge Zavichi, Mona Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| status | SINGLETON |
| subject.fl_str_mv | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| title | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| title_full | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| title_fullStr | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| title_full_unstemmed | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| title_short | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| title_sort | A theoretical framework and empirical investigation of individual-level NFT purchase intentions and knowledge |
| topic | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| topic_facet | Non-fungible token Alternative investments NFT purchase intention NFT adoption model Business and International Management Economics and Econometrics Marketing Management of Technology and Innovation SDG 8 - Decent Work and Economic Growth SDG 9 - Industry, Innovation, and Infrastructure |
| url | http://hdl.handle.net/10362/189707 |
| visible | 1 |