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 …

Despite a growing body of research that has investigated the impacts of social effect on the
amount pledged in crowdfunding, some questions remain unclear. How does herding …

Problem definition: Smart contract improves the supply chain efficiency by enabling the
supplier's commitment to postshipment financing decisions, which mitigates the bank's …

Bank financing is a traditional source of capital for small businesses, whereas crowdfunding
has recently emerged as an alternative fund-raising solution to support innovative ideas and …

As a newly-emerged financing method, crowdfunding has been gaining popularity among
entrepreneurs in recent years. Two major functions are featured in crowdfunding campaigns …

In rewards‐based crowdfunding, entrepreneurs solicit donations from a large number of
individual contributors. If total donations exceed a prespecified funding target, the …

Reward-based crowdfunding assists capital-constrained firms seek financing from a crowd
of investors. However, consumers participate in the crowdfunding campaign before …

Abstract Initial Coin Offerings (ICOs) are an emerging form of fundraising for Blockchain-
based startups. We propose a simple model of matching supply with demand with ICOs by …

Motivated by marketing practices in advance selling, this paper studies the optimal pricing
decisions and advance selling strategy with online reviews. The firm may charge a full or …

Purpose This study explores whether herd behavior exists for equity crowdfunding investors
in China and whether this herding is rational. Design/methodology/approach Based on …