Blockchain-Based ICOs: Pure Hype or the Dawn of a New Era of Startup Financing?

This study explores the determinants of initial coin offering (ICO) success, where success is defined as the amount of capital a project could raise. ICOs are a tool for startups in the blockchain ecosystem to raise early capital with relative ease. The market for ICOs has grown at a rapid pace sinc...

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Bibliographic Details
Main Authors: Lennart Ante, Philipp Sandner, Ingo Fiedler
Format: Article
Language:English
Published: MDPI AG 2018-11-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/11/4/80