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What do institutional investors bring to initial coin offerings (ICOs)?

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  • Wang, Siyi
  • Cai, Xiaoqiang
  • Guan, Lei
  • Zhang, Lianmin

Abstract

Blockchain technology has attracted global attention for its ability to protect data security and traceability. It has driven the development of practical applications in various fields, namely management science, transport and logistics, and supply chain management. Initial coin offerings (ICOs), an emerging start-up fundraising method developed with blockchain technology, are now popular among start-ups that issue initial tokens as the sole exchange medium for their planned products. In addition to the public offering stage and market stage, the pre-ICO stage is an important phase for many ICO projects.

Suggested Citation

  • Wang, Siyi & Cai, Xiaoqiang & Guan, Lei & Zhang, Lianmin, 2022. "What do institutional investors bring to initial coin offerings (ICOs)?," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 167(C).
    • Handle: RePEc:eee:transe:v:167:y:2022:i:c:s1366554522002563
    DOI: 10.1016/j.tre.2022.102876
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