Metaverse financial transactions dataset: a comprehensive analysis

Introduction; The rapid evolution of the Metaverse—a convergence of immersive technologies including augmented reality (AR), virtual reality (VR), and blockchain—has created a dynamic ecosystem for digital commerce. Objective; This study presents a comprehensive analysis of financial transactions within leading Metaverse platforms such as Decentraland, The Sandbox, and Axie Infinity, examining evolving economic behaviors, payment mechanisms, and associated risks. Method; We develop a structured transactional dataset that captures spending patterns, cryptocurrency adoption trends, and emerging security vulnerabilities unique to virtual environments. Result; Our findings reveal distinct economic activities ranging from virtual land acquisitions to NFT-based asset trading, while highlighting critical challenges including fraud susceptibility and regulatory gaps. The compiled dataset provides researchers with a robust foundation for investigating digital economic systems, evaluating blockchain applications, and developing AI-powered transaction monitoring tools. Conclusion; This work contributes to broader discussions about establishing secure, transparent financial frameworks for Web3 environments, offering actionable insights for policymakers, platform developers, and economic analysts navigating the complexities of virtual economies.

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Publication Details

Journal
Edu - Tech Enterprise
Published
2024-12-31
DOI
https://doi.org/10.71459/edutech202414
Primary Topic
Virtual Reality Applications and Impacts
Type
article
Field-Weighted Citation Impact
0.00
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article

Metaverse financial transactions dataset: a comprehensive analysis

Deepa Sonal, Md. Alimul Haque, Krishna K. Dubey
Edu - Tech Enterprise
Virtual Reality Applications and Impacts
article

Metaverse financial transactions dataset: a comprehensive analysis

Deepa Sonal, Md. Alimul Haque, Krishna K. Dubey
article en

Abstract

Introduction; The rapid evolution of the Metaverse—a convergence of immersive technologies including augmented reality (AR), virtual reality (VR), and blockchain—has created a dynamic ecosystem for digital commerce. Objective; This study presents a comprehensive analysis of financial transactions within leading Metaverse platforms such as Decentraland, The Sandbox, and Axie Infinity, examining evolving economic behaviors, payment mechanisms, and associated risks. Method; We develop a structured transactional dataset that captures spending patterns, cryptocurrency adoption trends, and emerging security vulnerabilities unique to virtual environments. Result; Our findings reveal distinct economic activities ranging from virtual land acquisitions to NFT-based asset trading, while highlighting critical challenges including fraud susceptibility and regulatory gaps. The compiled dataset provides researchers with a robust foundation for investigating digital economic systems, evaluating blockchain applications, and developing AI-powered transaction monitoring tools. Conclusion; This work contributes to broader discussions about establishing secure, transparent financial frameworks for Web3 environments, offering actionable insights for policymakers, platform developers, and economic analysts navigating the complexities of virtual economies.

Edu - Tech EnterpriseVol. 2
Veer Kunwar Singh University (IN), National Institute of Technology Jamshedpur (IN), Patna University (IN), Co-operative College (GB)
Openalex Percentile: Top 70%
Virtual Reality Applications and Impacts
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Metaverse financial transactions dataset: a comprehensive analysis — Deepa Sonal, Md. Alimul Haque, et al. · Edu - Tech Enterprise (2024) | TGRS Research Map | TGRS