[HTML][HTML] A systematic literature review of investor behavior in the cryptocurrency markets

J Almeida, TC Gonçalves - Journal of Behavioral and Experimental …, 2023 - Elsevier
This review aims to analyze and synthesize the literature produced so far on investor
behavior in the cryptocurrency market. We use VOSviewer 1.6. 17 software to perform a …

Initial coin offerings: Financing growth with cryptocurrency token sales

ST Howell, M Niessner… - The Review of Financial …, 2020 - academic.oup.com
Initial coin offerings (ICOs) have emerged as a new mechanism for entrepreneurial finance,
with parallels to initial public offerings, venture capital, and presale crowdfunding. In a …

Initial coin offerings

PP Momtaz - Plos one, 2020 - journals.plos.org
This paper examines the market for initial coin offerings (ICOs). ICOs are smart contracts
based on blockchain technology that are designed for entrepreneurs to raise external …

Security token offerings

T Lambert, D Liebau, P Roosenboom - Small Business Economics, 2022 - Springer
This paper posits that distinguishing security token offerings (STOs) from initial coin offerings
(ICOs) is important for the study of entrepreneurial finance. We first provide a working …

[HTML][HTML] Institutional investors and post-ICO performance: an empirical analysis of investor returns in initial coin offerings (ICOs)

C Fisch, PP Momtaz - Journal of Corporate Finance, 2020 - Elsevier
We examine the role of institutional investors in initial coin offerings (ICOs). Taking a
financial investor's perspective, we assess the determinants of post-ICO performance via …

Initial coin offerings, speculation, and asset tokenization

J Gan, G Tsoukalas, S Netessine - Management Science, 2021 - pubsonline.informs.org
Initial coin offerings (ICOs) are an emerging form of fundraising for blockchain-based
startups. We examine how ICOs can be leveraged in the context of asset tokenization …

Theorizing the 2017 blockchain ICO bubble as a network scam

L Swartz - New Media & Society, 2022 - journals.sagepub.com
In the popular imagination and in academic literature, scams are usually seen as dyadic,
involving a con artist and a mark. This article retheorizes scams as networked, collective …

Tokenomics: When tokens beat equity

K Malinova, A Park - Management Science, 2023 - pubsonline.informs.org
In a token offering, investors fund a venture in exchange for tokens that grant rights to future
economic output. To many financial industry insiders, tokens have no intrinsic merit and exist …

Ban, boom, and echo! Entrepreneurship and initial coin offerings

C Bellavitis, D Cumming… - … Theory and Practice, 2022 - journals.sagepub.com
Regulatory spillovers occur when regulation in one country affects either the expected
regulatory approach and/or entrepreneurial finance markets in other countries. Drawing on …

Optimal financing with tokens

S Gryglewicz, S Mayer, E Morellec - Journal of Financial Economics, 2021 - Elsevier
We develop a model in which a start-up firm issues tokens to finance a digital platform,
which creates agency conflicts between platform developers and outsiders. We show that …