Building bonds: an examination of relational bonding in continuous content contribution behaviors on metaverse-based non-fungible token platforms

Crystal T. Lee, Zimo Li, Yung Cheng Shen*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Purpose: The proliferation of non-fungible token (NFT)-based crypto-art platforms has transformed how creators manage, own and earn money through the creation, assets and identity of their digital works. Despite this, no studies have examined the drivers of continuous content contribution behavior (CCCB) toward NFTs. Hence, this study draws on the theory of relational bonds to examine how various relational bonds affect feelings of psychological ownership, which, in turn, affects CCCB on metaverse platforms. Design/methodology/approach: Using structural equation modeling and importance-performance matrix analysis, an online survey of 434 content creators from prominent NFT platforms empirically validated the research hypotheses. Findings: Financial, structural, and social bonds positively affect psychological ownership, which in turn encourages CCCBs. The results of the importance-performance matrix analysis reveal that male content creators prioritized virtual reputation and social enhancement, whereas female content creators prioritized personalization and monetary gains. Originality/value: We examine Web 3.0 and the NFT creators’ network that characterizes the governance practices of the metaverse. Consequently, the findings facilitate a better understanding of creator economy and meta-verse commerce.

Original languageEnglish
JournalInternet Research
DOIs
Publication statusAccepted/In press - 2024

Keywords

  • Content creations
  • Creator economy
  • Metaverse
  • NFT
  • Non-fungible tokens
  • Web 3.0

ASJC Scopus subject areas

  • Communication
  • Sociology and Political Science
  • Economics and Econometrics

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