are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: "not …

? Specifically, we examine the effects of altruism on crowdfunding outcomes in Initial Coin Offerings (ICOs). The main result …

crowdfunding and token issues. In contrast to traditional ways of raising funds these innovations: (1) use modern technology … the 21st century. This article provides a review of the growing number of theoretical papers in the areas of crowdfunding …

Crowdfunding appears to be an innovative way of fundraising various projects. Although it is a relatively new and … engagement and involvement in crowdfunding, there is still a lack of understanding of how creators can stimulate backers …' activity. Therefore the aim of this paper is to identify and classify the methods used for crowdfunding by the top creators to …