A4 Artikkeli konferenssijulkaisussa
Initial Coin Offering (ICO) as a Fundraising Strategy : A Multiple Case Study on Success Factors (2019)

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

JYU-tekijät tai -toimittajat

Julkaisun tiedot

Julkaisun kaikki tekijät tai toimittajat: Panin, Aleksei; Kemell, Kai-Kristian; Hara, Veikko

Emojulkaisu: ICSOB 2019 : 10th International Conference of Software Business

Emojulkaisun toimittajat: Hyrynsalmi, Sami; Suoranta, Mari; Nguyen-Duc, Anh; Tyrväinen, Pasi; Abrahamsson, Pekka

Konferenssin paikka ja aika: Jyväskylä, Finland, 18.-20.11.2019

ISBN: 978-3-030-33741-4

eISBN: 978-3-030-33742-1

Lehti tai sarja: Lecture Notes in Business Information Processing

ISSN: 1865-1348

eISSN: 1865-1356

Julkaisuvuosi: 2019

Sarjan numero: 370

Artikkelin sivunumerot: 237-251

Kirjan kokonaissivumäärä: 418

Kustantaja: Springer

Kustannuspaikka: Cham

Julkaisumaa: Sveitsi

Julkaisun kieli: englanti

DOI: https://doi.org/10.1007/978-3-030-33742-1_19

Julkaisun avoin saatavuus: Ei avoin

Julkaisukanavan avoin saatavuus: 

Julkaisu on rinnakkaistallennettu (JYX): https://jyx.jyu.fi/handle/123456789/66919

Tiivistelmä

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.

YSO-asiasanat: startup-yritykset; lohkoketjut; virtuaalivaluutta; varainhankinta; menestystekijät

Vapaat asiasanat: initial coin offering; success factor; cryptocurrency; blockchain; fundraising; crowd sale; token

Liittyvät organisaatiot

OKM-raportointi: Kyllä

Raportointivuosi: 2019

JUFO-taso: 1