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We consider an entrepreneur (she) designing a reward-based crowdfunding campaign to fund an innovative product when facing a potential competitor (he), who may compete with her in the consumer market by developing a similar product. The innovative product's quality is private information of the...
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This paper explores the use of Initial Coin Offerings (ICOs) as a means of fundraising for companies through the issuance of blockchain-based tokens. Specifically, we investigate how a company can implement ICOs and issue tokens supported by its products while taking into account the presence of...
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