Initial Coin Offering (ICO) as a Fundraising Strategy : A Multiple Case Study on Success Factors
Panin, A., Kemell, K.-K., & Hara, V. (2019). Initial Coin Offering (ICO) as a Fundraising Strategy : A Multiple Case Study on Success Factors. In S. Hyrynsalmi, M. Suoranta, A. Nguyen-Duc, P. Tyrväinen, & P. Abrahamsson (Eds.), ICSOB 2019 : 10th International Conference of Software Business (pp. 237-251). Springer. Lecture Notes in Business Information Processing, 370. https://doi.org/10.1007/978-3-030-33742-1_19
Julkaistu sarjassa
Lecture Notes in Business Information ProcessingToimittajat
Päivämäärä
2019Tekijänoikeudet
© Springer Nature Switzerland AG 2019
Cryptocurrencies and Initial Coin Offerings (ICO) are some of the more prominent examples of currently used blockchain technology applications. Especially software startups have leveraged ICOs to gain funding early on in their lifecycles, going on to develop and create new blockchain based applications. Recently, larger companies such as Facebook have also begun to show interest in cryptocurrency, although thus far not for funding purposes in the form of ICOs. In this paper, we investigate factors that positively affect the abilities of companies to meet their fundraising goals via ICOs. We first identify a set of factors from extant literature and then seek to further confirm the effect of these factors while uncovering new ones by means of a multiple case study of eight firms that have carried out an ICO with varying success. Based on the data, we highlight success factors for ICOs in funding use.
Julkaisija
SpringerEmojulkaisun ISBN
978-3-030-33741-4Konferenssi
International Conference on Software BusinessKuuluu julkaisuun
ICSOB 2019 : 10th International Conference of Software BusinessISSN Hae Julkaisufoorumista
1865-1348Asiasanat
Julkaisu tutkimustietojärjestelmässä
https://converis.jyu.fi/converis/portal/detail/Publication/33487450
Metadata
Näytä kaikki kuvailutiedotKokoelmat
Lisenssi
Samankaltainen aineisto
Näytetään aineistoja, joilla on samankaltainen nimeke tai asiasanat.
-
Factors Affecting Success of Initial Coin Offerings (ICOs)
Shrestha, Govinda (2022)Initial Coin Offering (ICO) has been popular amongst entrepreneurs interested in the field of blockchain as a prime way of collecting investment for their ventures. Hundreds of ICOs are launched every year based on different ... -
Internal Software Startups : A Multiple Case Study on Practices, Methods, and Success Factors
Kemell, Kai-Kristian; Risku, Juhani; Strandjord, Kari Eline; Nguyen-Duc, Anh; Wang, Xiaofeng; Abrahamsson, Pekka (IEEE, 2020)Startups are often seen as drivers of innovation. In an attempt to leverage this potential, larger business organizations have founded internal startups as a subset of internal corporate ventures (ICV). These smaller ... -
A multiple case study on factors affecting ICO success
Panin, Aleksei (2019)Blockchain and Initial Coin Offering (ICO) hold incredible potential in our world today. The opportunities of these technologies are believed to be going further beyond the horizon; ICO helps start-ups succeed in receiving ... -
A Survey on Technologies Which Make Bitcoin Greener or More Justified
Heinonen, Henri T.; Semenov, Alexander; Veijalainen, Jari; Hämäläinen, Timo (Institute of Electrical and Electronics Engineers (IEEE), 2022)According to recent estimates, one bitcoin transaction consumes as much energy as 1.5 million Visa transactions. Why is bitcoin using so much energy? Most of the energy is used during the bitcoin mining process, which ... -
Business Model Canvas Should Pay More Attention to the Software Startup Team
Kemell, Kai-Kristian; Elonen, Atte; Suoranta, Mari; Nguyen-Duc, Anh; Garbajosa, Juan; Chanin, Rafael; Melegati, Jorge; Rafiq, Usman; Aldaeej, Abdullah; Assyne, Nana; Sales, Afonso; Hyrynsalmi, Sami; Risku, Juhani; Edison, Henry; Abrahamsson, Pekka (IEEE, 2020)Business Model Canvas (BMC) is a tool widely used to describe startup business models. Despite the various business aspects described, BMC pays a little emphasis on team- related factors. The importance of team-related ...
Ellei toisin mainittu, julkisesti saatavilla olevia JYX-metatietoja (poislukien tiivistelmät) saa vapaasti uudelleenkäyttää CC0-lisenssillä.