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A Perspective on NFTs in the Arts-and-Music Industry*

Zarja Peters
Zarja Peters
 oraz 
Phillip Cartwright
Phillip Cartwright
   | 30 wrz 2023
International Journal of Music Business Research's Cover Image
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Article Category: Research Article
Data publikacji: 30 wrz 2023
Zakres stron: 57 - 77
Otrzymano: 14 wrz 2022
Przyjęty: 27 lip 2023
DOI: https://doi.org/10.2478/ijmbr-2023-0006
Słowa kluczowe
© 2023 Zarja Peters et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Figure 1.

Statistical results for the twenty statements: (A) Mean responses, statements S1–S20; (B) standard deviations from mean for statements S1–S20; (C) skewness: distribution of responses to statements S1–S20; (D) kurtosis: distribution of mean responses to statements S1–S20.
Statistical results for the twenty statements: (A) Mean responses, statements S1–S20; (B) standard deviations from mean for statements S1–S20; (C) skewness: distribution of responses to statements S1–S20; (D) kurtosis: distribution of mean responses to statements S1–S20.

Figure 2.

Dendrogram obtained using agglomerative hierarchical clustering. NFT, non-fungible token.C1 and C2 refers to cluster 1 and cluster 2 respectively
Dendrogram obtained using agglomerative hierarchical clustering. NFT, non-fungible token.C1 and C2 refers to cluster 1 and cluster 2 respectively

Categories in the questionnaire with the corresponding number of statements

Category Number of statements
Non-fungible tokens 6
Music and the music industry business 8
Investment, arts and music 6

Selected statistics for survey statements S1 and S2

Statement Mean Standard deviation Median Mode Modal frequency Skewness (Pearson) Kurtosis (Pearson)
S1 3.565 0.998 4 4 90 −0.527 −0.329
S2 3.295 1.038 3 4 81 −0.531 −0.284

Descriptive statistics for statements S1–S20

Statistic S1 S2 S3 S4 S5 S6 S7 S8 S9 S10 S11 S12 S13 S14 S15 S16 S17 S18 S19 S20
Number of observations 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200 200
Frequency of min=1 5 14 17 11 27 32 14 9 5 3 9 14 18 13 18 23 27 27 17 18
Frequency of max=5 31 17 13 44 20 16 10 14 15 54 40 30 34 14 11 89 25 15 20 22
Mean 3.565 3.295 3.020 3.800 2.835 2.910 3.440 3.065 3.305 4.050 3.720 3.310 3.335 3.275 3.115 3.005 3.255 2.955 3.395 3.345
Standard deviation (n) 0.998 1.038 1.081 1.054 1.199 1.221 0.875 1.025 0.939 0.835 1.050 1.181 1.238 1.019 1.073 1.056 1.257 1.193 1.104 1.125
Skewness (Pearson) −0.527 −0.531 −0.135 −1.185 0.198 −0.091 1.158 0.009 −0.278 −1.330 −0.954 −0.326 −0.402 −0.541 −0.400 −0.596 −0.519 −0.125 −0.759 −0.622
Kurtosis (Pearson) −0.329 −0.284 −0.821 0.907 −0.932 −1.092 1.834 −0.821 −0.487 2.436 0.330 −0.951 −0.981 −0.326 −0.708 −0.982 −0.919 −1.079 −0.279 −0.448
eISSN:
2227-5789
Język:
Angielski
Częstotliwość wydawania:
2 razy w roku
Dziedziny czasopisma:
Cultural Studies, Media Studies, Media Theory, Business and Economics, Business Management, Industries, Entertainment Industry, Media, Publishing Companies, Cultural Management, Social Sciences, Sociology, Sociology of Economy, Organizations, and Industry
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