Search results for "blockhain"
showing 3 items of 3 documents
SMART CONTRACTS E TECNOLOGIE BASATE SU REGISTRI DISTRIBUITI NELLA L. 12/2019
2021
The essay addresses the issue of the regulation of smart contracts and technologies based on distributed ledgers, as regulated by the national law 12/2019. It highlights some critical issues related to the formulation and understanding of these concepts, definitely relevant for scholars but, at the same time, very complex in their understanding, giving the multidisciplinary implications they are related to. Finally, the essay addresses the two different approaches in the matter, the European and the national one, and underlines the necessity of a more uniform perspective, also in consideration of the missing guidelines by the Agenzia per l’Italia digitale (AgID).
ICO Crowdfunding: Incentives, Pricing Strategy, Token Strategy and Crowd Involvement
2020
AbstractBlockchain technologies provide means to develop services that are secure, transparent and efficient by nature. Unsurprisingly, the emerging business opportunities has gained a lot of interest that is realized in form of successful Initial Coin Offerings (ICOs) that are able to raise billions of USD through crowdfunding campaign. In this exploratory research we study 91 ICOs through content analysis in order to investigate the special characteristics of ICO crowdfunding as business models towards the possible investors. We found that ICOs can be described through (1) the model for providing incentives for investment, (2) the pricing strategy, (3) the token strategy and (4) the activ…
What Key Aspects Do ICOs Reveal About Their Businesses?
2020
AbstractBlockchain technologies disrupt industries by enabling decentralized and transactional data sharing across a network of untrusted participants, among others. Initial Coin Offerings (ICOs) are a novel form of crowdfunding through which hundreds of blockchain-enabled businesses manage to raise billions of dollars in total only in United States. However, there is a lack of understanding of the ICO phenomenon especially related to the business aspects. In this paper, we describe the results of an exploratory study of 91 ICOs and identify the key business model elements that ICOs reveal in their websites and whitepapers. Furthermore, we also note the immaturity and lack of transparency o…