Financing Ventures with Fungible Tokens

ArXiv ID: ssrn-3137213 “View on arXiv”

Authors: Unknown

Abstract

This paper explores how entrepreneurs can use fungible tokens—whereby they issue digital assets and commit to only accept those tokens as payment for future pro

Keywords: Fungible Tokens, Initial Coin Offerings (ICOs), Venture Capital, Blockchain, Alternative Investments

Complexity vs Empirical Score

• Math Complexity: 7.5/10
• Empirical Rigor: 2.0/10
• Quadrant: Lab Rats
• Why: The paper presents a formal economic model with proofs and an impossibility result, indicating significant theoretical math density, but it lacks any implementation-heavy backtesting, datasets, or statistical metrics, relying instead on theoretical analysis.

  flowchart TD
    A["Research Question:<br>How do entrepreneurs use fungible tokens for venture financing?"] --> B["Methodology: Conceptual Model & Case Studies"]
    B --> C{"Data & Inputs"}
    C --> C1["Token Economics"]
    C --> C2["ICO Whitepapers"]
    C --> C3["Blockchain Ledgers"]
    C --> C4["Regulatory Frameworks"]
    D["Computational Processes<br>Simulation of Funding Rounds"] --> E["Key Findings & Outcomes"]
    E --> E1["Tokens as Equity Alternatives"]
    E --> E2["Reduced Barriers to Entry"]
    E --> E3["Regulatory Uncertainties"]
    C1 & C2 & C3 & C4 --> D