论文标题
元土地是一项不错的投资吗？这取决于您的帐户单位！
Is Metaverse LAND a good investment? It depends on your unit of account!
论文作者
论文摘要
在2019年12月至2022年1月之间，沙盒元元土地不可杀死的代币（NFT）价格上涨了300倍（美元），但是当以其本地公用设施（Sand）（SAND）进行测量时，该增长仅为3倍。根据价格的价格，投资回报和有效交易价格各不相同。我们分析了71,000多笔交易，发现交易在沙子中定居时愿意支付3-4％，而与ETH相比，在Weth（智能合同版本的ETH）定居时，用户愿意支付3-4％的费用，因此，帐户事项单位。我们的结果有助于讨论基于区块链的虚拟经济管理和货币数字化（Brunnermeier等，2019）。
The Sandbox metaverse LAND non-fungible token (NFT) prices increased by than 300 times (in USD) between December 2019 and January 2022, but when measured in its native utility token (SAND), the increase is only 3 times. Depending on how prices are denominated, investment returns and effective transaction prices vary. We analyze more than 71,000 transactions and find that users are willing to pay 3-4% more when transactions are settled in SAND, and 30% less when settled in wETH (a smart contract version of ETH) when compared to ETH, so unit of account matters. Our results contribute to the discussions of blockchain-based, virtual economy management and the digitalization of money (Brunnermeier et al., 2019).
