Abstract
Initial coin offerings (ICOs) represent an innovative and new funding mechanism for new technology ventures. In our comprehensive review of the industry's evolution, we show that despite its short history, there have been dramatic changes and shifts in the number of ICOs, the amount of money raised, the geographic distribution of ICOs, and their regulation. This dynamism calls into question current research practices and findings. We propose that scholars sort out and differentiate supply of vs. demand for ICO funding, taking geography and regulation into account with a global perspective.
Original language | English |
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Article number | e00213 |
Journal | Journal of Business Venturing Insights |
Volume | 15 |
Early online date | 28 Nov 2020 |
DOIs | |
Publication status | Published - 1 Jun 2021 |
Bibliographical note
Publisher Copyright:© 2020 Elsevier Inc.
Funding
We thank James Thwaite and Kevin Wang for their help with data collection. This research has been funded through Auckland Business School FDRF funding. I have reported the funder and grant in the online system. It is: Auckland University , grant FDRF 3713248 . We thank James Thwaite and Kevin Wang for their help with data collection. This research has been funded through Auckland Business School FDRF funding. I have reported the funder and grant in the online system. It is: Auckland University, grant FDRF 3713248.
Funders | Funder number |
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Auckland Business School FDRF | |
University of Auckland | FDRF 3713248 |
Keywords
- Blockchain
- Cryptocurrency
- Digital finance
- Entrepreneurial finance
- FinTech
- Initial coin offerings (ICO)
- Regulation
- Token sale
ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation