scholarly journals Initial coin offerings (ICOs): Why do they succeed?

2022 ◽  
Vol 8 (1) ◽  
Author(s):  
José Campino ◽  
Ana Brochado ◽  
Álvaro Rosa
Keyword(s):  
Human Capital ◽  
Success Factors ◽  
Recent Literature ◽  
Important Determinant ◽  
Due Diligence ◽  
Blockchain Technology ◽  
Several Variables ◽  
Future Potential ◽  
The Impact ◽  
Initial Coin Offerings

AbstractRecent literature has addressed initial coin offering (ICO) projects, which are an innovative form of venture financing through cryptocurrencies using blockchain technology. Many features of ICOs remain unexplored, leaving much room for additional research, including the success factors of ICO projects. We investigate the success of ICO projects, with our main purpose being to identify factors that influence a project’s outcome. Following a literature review, from which several potential variables were collected, we used a database comprising 428 ICO projects in the banking/financial sector to regress several econometric models. We confirmed the impacts of several variables and obtained particularly valuable results concerning project and campaign variables. We confirmed the importance of a well-structured and informative whitepaper. The proximity to certain markets with high availability of financial and human capital is also an important determinant of the success of an ICO. We also confirm the strong dependency on cryptocurrency and the impact of cryptocurrency valuations on the success of a project. Furthermore, we confirm the importance of social media in ICO projects, as well as the importance of human capital characteristics. Our research contributes to the ICO literature by capturing most of the success factors previously identified and testing their impacts based on a large database. The current research contributes to the building of systems theory and signaling theory by adapting their frameworks to the ICO environment. Our results are also important for regulators, as ICOs are mainly unregulated and have vast future potential, and for investors, who can benefit from our analysis and use it in their due diligence.

scholarly journals Initial Coin Offerings (ICOs): the importance of human capital

2021 ◽  
Author(s):  
José Campino ◽  
Ana Brochado ◽  
Álvaro Rosa
Keyword(s):  
Human Capital ◽  
Initial Public Offerings ◽  
Econometric Model ◽  
Disruptive Technology ◽  
Capital Theory ◽  
Public Offerings ◽  
Perceived Impact ◽  
Indicators Of Success ◽  
The Impact ◽  
Initial Coin Offerings

Abstract The Initial Coin Offerings (ICOs) subject has been gaining relevance due to its novelty, due to the capital amounts involved in the projects, as well as the disruptive technology and methods involved. ICOs are a disruptive way to finance new projects which involve high risks and which are mainly technological. This way to finance a project has been compared to others, namely, crowdfunding, venture capital or Initial Public Offerings (IPOs). Nevertheless, ICOs have very specific characteristics which make them unique. We have studied the ICO projects and developed a literature review on the topic. Building on the Human Capital Theory (HCT), we have also studied the importance given to the project’s team and its perceived impact on projects’ success. Our contribution to fill in this literature gap was to develop an econometric model which measures the impact of team’s characteristics on the success of a project. The database was collected with the combination of two data sources and is composed of 3158 profiles and 340 ICO projects. We have concluded that team variables are significant contributors to project’s success. Our data suggests that people’s location contributes to projects’ success as well as promoters’ networks. The ratings attributed by external parties to the project are also indicators of success. Several control variables such as the implementation of thresholds to investment, the number of currencies accepted, the platform in which the ICO is developed, the existence of bonus schemes and the year of the project were found to be statistically significant having an impact on projects’ outcome.

Blockchain Technology and Initial Coin Offerings (ICO) In Health Care System (Preprint)

2019 ◽  
Author(s):  
Wan Mohd Hirwani Wan Hussain
Keyword(s):  
Data Analysis ◽  
Data Privacy ◽  
Analysis Data ◽  
Added Value ◽  
Healthcare Sector ◽  
Empirical Literature ◽  
Blockchain Technology ◽  
Secure Networks ◽  
The Impact ◽  
Initial Coin Offerings

UNSTRUCTURED This paper reviews the empirical literature on blockchain technology, initial coin offerings, and digital coins. It will also analyse the challenges and legal implications of this technology. Although the rise of blockchain has impacted the financial and business sectors considerably, very limited research has been conducted on the implications of this technology and initial coin offerings in the healthcare sector. The blockchain literature is still scarce and needs to be further developed in medicine and healthcare fields. The scope of this article is twofold: 1) to analyse the impact of blockchain technology especially initial coin offerings in the healthcare sector; and 2) to understand the legal challenges surrounding initial coin offerings such as digital tokens. The added value of blockchain technology includes its potential for data analysis in medicine (big data analysis), data privacy, DApp tokens, payment gateway in blockchain technology, and storage of patients’ data in more secure networks. The rise and evolution of data analysis will have positive impacts on the wider healthcare sector.

scholarly journals Challenges Blockchain Technology and Initial Coin Offering (ICO) in Healthcare from Legal Perspectives

2019 ◽  
Vol 9 (2) ◽  
pp. 1698-1706
Keyword(s):  
Positive Impact ◽  
Financial Sector ◽  
Healthcare Sector ◽  
Empirical Literature ◽  
Future Research ◽  
Healthcare Industry ◽  
Blockchain Technology ◽  
Legal Challenges ◽  
The Impact ◽  
Initial Coin Offerings

This paper reviews the empirical literature on Initial Coin Offering (ICO), blockchain technology and impact for healthcare based on legal perspectives. The rise of blockchain technology has given impact especially on financial sector and business, there are very limited research been done about the implications of this technology in healthcare sector. Based from the literature it shows that it is still scarce about blockchain and initial coin offerings in healthcare industry. The scope of this article is twofold which is i) to understand the impact of blockchain technology and initial coin offering in healthcare industry; and 2) to understand the legal challenges especially in initial coin offerings. The revolution of blockchain technology will provide more positive impact in healthcare sector and can be used as new strategic directions for future research.

Pengaruh Lintas Budaya Pada Pemasaran Internasional Dengan Pendekatan Perilaku Konsumen

2017 ◽  
Vol 1 (2) ◽  
pp. 168-176
Author(s):  
Endy Gunanto ◽  
Yenni Kurnia Gusti
Keyword(s):  
Consumer Behavior ◽  
Marketing Strategy ◽  
Consumer Culture ◽  
International Organization ◽  
Future Research ◽  
Special Issue ◽  
Cross Culture ◽  
Several Variables ◽  
Cultural Orientations ◽  
The Impact

In this article we present a conceptual of the effect of cross culture on consumer behavior incorporating the impact of globalization. This conceptual idea shows that culture inûuences various domains of consumer behavior directly as well as through international organization to implement marketing strategy. The conceptual identify several factors such as norm and value in the community, several variables and also depicts the impact of other environmental factors and marketing strategy elements on consumer behavior. We also identify categories of consumer culture orientation resulting from globalization. Highlights of each of the several other articles included in this special issue in Asia region. We conclude with the contributions of the articles in terms of the consumer cultural orientations and identify directions for future research.

Transformation of education as a metatrend of the digital economy

2020 ◽  
Vol 16 (10) ◽  
pp. 1960-1979
Author(s):  
N.A. Egina ◽  
E.S. Zemskova
Keyword(s):  
Human Capital ◽  
Social Transformation ◽  
Network Effects ◽  
Digital Economy ◽  
Network Education ◽  
Economic Progress ◽  
Positive Externalities ◽  
Communication Processes ◽  
Education Network ◽  
The Impact

Subject. The study focuses on the impact of the digital economy determinants of the education transformation. Objectives. The article provides our own approach treating the education capital as a specific asset of the digital economy, which has an acceleration effect and sets up new trends in education through integrative networks. Methods. The study is based on principles of the systems integration, cross-disciplinary and multidisciplinary approaches. Results. The socio-economic progress was found to be determined with properties of human capital, which are solely specific to the digital economy. In new circumstances, it gets more important for actors of global, national, corporate and social networks to more actively cooperate within distributed networks in order to train high professionals, who would have skills in information networks. Thus, they would raise a new form of human capital – the capital of network education (network-based education capital). We describe positive externalities that arise when the educational sector joins communication processes. We illustrate how educational forms evolves, which are typical of a certain phase of the socio-economic development. The education capital was discovered to grow into a specific asset generating the quasi-rent and working as a social ladder only provided more actors are involved into the network. Conclusions and Relevance. Studying the evolution of educational forms through the cross-disciplinary method, we discovered the need for a system approach, which would help substantiate its transformation in the time of the digital economy, and the emergence of network-based education. These are technologies and tools of the digital economy that become unique factors generating the acceleration effect of the educational capital and ensuring the use of diverse network effects for the formation of intellectual capital and their social transformation.

Preliminary Study of the Impact of Critical Success Factors on Project Success in Pakistan

2014 ◽  
Vol 1 (4) ◽  
pp. 9-13 ◽  
Author(s):  
Aqeel Ahmed ◽  
Muhammad Sehail Younis
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Project Success ◽  
Workforce Planning ◽  
Survey Instrument ◽  
Past Performance ◽  
Cronbach Alpha ◽  
Critical Success ◽  
Preliminary Study ◽  
The Impact

This preliminary study attempts to link among the critical success factors on overall project success in public sector organizations in Pakistan.  In this study it’s reflected that major critical success factors (soundness of Business & workforce, planning & control, quality performance and past performance) can enhance the success of the project in Pakistan.  The purpose of this preliminary study was to verify the reliability of the survey instrument which has been used in European countries. It was found that the planning & control was the highest Cronbach Alpha value, while the ranged for each constructs in the present study from 0.68 to 0.88.  Therefore, based on the Cronbach alpha value score, the proposed survey instrument has fulfilled the basic requirement of a valid instrument.

FORMATION OF HUMAN CAPITAL IN THE DIGITAL TRANSFORMATION PARADIGM

2020 ◽  
Vol 2 (5) ◽  
pp. 115-119
Author(s):  
M. V. SAVINA ◽  
◽  
A. A. STEPANOV ◽  
I.A. STEPANOV ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Digital Age ◽  
Digital Transformation ◽  
Educational Process ◽  
Knowledge And Skills ◽  
Main Components ◽  
The Impact ◽  
Modern Era

The article highlights the problems of the impact of "digitalization" of society on the formation and transformation of human capital, and above all, the development of new competencies, knowledge and skills. The main components of human capital in the modern era, the features of the formal and informal educational process are clarified and disclosed. The necessity of minimizing the precariat class is proved. The main directions of qualitative improvement of human capital adequate to the challenges of the digital age and globalization are defined.

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