This review aims to analyze and synthesize the literature produced so far on investor
behavior in the cryptocurrency market. We use VOSviewer 1.6. 17 software to perform a …

Initial coin offerings (ICOs) represent an innovative and new funding mechanism for new
technology ventures. In our comprehensive review of the industry's evolution, we show that …

Initial coin offerings (ICOs) have emerged as a new mechanism for entrepreneurial finance,
with parallels to initial public offerings, venture capital, and presale crowdfunding. In a …

This paper examines the market for initial coin offerings (ICOs). ICOs are smart contracts
based on blockchain technology that are designed for entrepreneurs to raise external …

This paper provides the first evidence of a moral hazard in signaling in an entrepreneurial
finance context, by examining token offerings or Initial Coin Offerings (ICOs). Entrepreneurs' …

We examine the role of institutional investors in initial coin offerings (ICOs). Taking a
financial investor's perspective, we assess the determinants of post-ICO performance via …

Blockchain, a decentralized validation protocol in which no one individual entity completely
controls the process or information, is labeled both a “techno tour de force” and a “fraud.” …

Initial coin offerings (ICOs) are a novel form of funding that has driven billions of dollars into
the blockchain ecosystem, potentially challenging traditional funding vehicles such as …

This paper examines the performance of cryptocurrencies issued in initial coin offerings
(ICOs) over a three-year period after the initial exchange listing. Average (median) ICO …

This article empirically investigates some of the key features of cryptocurrency returns and
volatilities, such as their relationship with traditional asset classes, as well as the main …