Utilize este identificador para referenciar este registo:
http://hdl.handle.net/10071/26939
Autoria: | Brochado, A. Mergulhão, M. |
Data: | 2022 |
Título próprio: | ICObench ratings and Initial Coin Offerings’ success |
Título da revista: | European Review of Business Economics |
Volume: | 2 |
Número: | 1 |
Paginação: | 135 - 145 |
Referência bibliográfica: | Brochado, A., & Mergulhão, M. (2022). ICObench ratings and Initial Coin Offerings’ success. European Review of Business Economics, 2(1), 135-145. http://dx.doi.org/10.26619/ERBE-2022.2.1.6 |
ISSN: | 2184-898X |
DOI (Digital Object Identifier): | 10.26619/ERBE-2022.2.1.6 |
Palavras-chave: | Financial technology (fintech) Initial coin offering (ICO) Rating Earlystage investment Signaling theory |
Resumo: | Initial coin offerings (ICOs)–commonly referred to as token sales or token offerings– are assisted by blockchain technology. This financing tool helps entrepreneurs finance early-stage ventures on a decentralized, global scale. Researchers have previously called for more research to be carried out vis-à-vis the role of information intermediaries in the ICO ecosystem. The main goal of this study was to analyze the correlation between ICO ratings and the financing success of ICOs. As a result, secondary microdata on 5,581 ICOs were collected from the ICObench website. The results reveal that ICO ratings issued by third parties have a positive influence on the fundraising campaign of these offerings. ICO ratings thus appear to function as an effective signal to buyers and to reduce information asymmetry between sellers and investors. |
Arbitragem científica: | yes |
Acesso: | Acesso Aberto |
Aparece nas coleções: | DINÂMIA'CET-RN - Artigos em revistas nacionais com arbitragem científica |
Ficheiros deste registo:
Ficheiro | Tamanho | Formato | |
---|---|---|---|
article_91692.pdf | 284,94 kB | Adobe PDF | Ver/Abrir |
Todos os registos no repositório estão protegidos por leis de copyright, com todos os direitos reservados.