Bachmann, Nina M.; Drasch, Benedict; Fridgen, Gilbert; … - In: Electronic Markets 32 (2021) 3, pp. 1725-1748
The phenomenon of a blockchain use case called initial coin offering (ICO) is drawing increasing attention as a novel funding mechanism. ICO is a crowdfunding type that utilizes blockchain tokens to allow for truly peer-to-peer investments. Although more than $7bn has been raised globally via...