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What Values the Metaverse? : Unpacking Tokens, Land, Transactions, and Digital Assets
Bula, Andreea I. (2025) What Values the Metaverse? : Unpacking Tokens, Land, Transactions, and Digital Assets.
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| Abstract: | The metaverse is conceptualised as a rapidly evolving digital environment designed to enable users to meet, create, and trade using virtual currencies and assets. Different platforms have developed their digital economies with unique ways of handling tokens, managing virtual land, providing asset ownership and facilitating in-world transactions. While some are built on a blockchain-based infrastructure with tradable tokens, others have their own currencies and closed economic models, leading to significant variation in how users can interact with and benefit from these virtual environments. This study focused on three popular platforms — Decentraland, The Sandbox, and Roblox — and compared how they structure their digital economies. The documents analysis (official whitepapers and documentation on the platform) was focused on four dimensions: tokens and currencies, digital assets, the possession of virtual land, and transaction methods. The findings were discussed in a comparative way in order to bring out the similarities and differences in these approaches to constructing and governing digital economies. The aim of the study was to learn about the design decisions of such platforms and what they mean for users and platform developers |
| Item Type: | Essay (Bachelor) |
| Faculty: | EEMCS: Electrical Engineering, Mathematics and Computer Science |
| Subject: | 54 computer science, 83 economics |
| Programme: | Business & IT BSc (56066) |
| Link to this item: | https://purl.utwente.nl/essays/107441 |
| Export this item as: | BibTeX EndNote HTML Citation Reference Manager |
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