Blockchain-Based Token Sales, Initial Coin Offerings, and the Democratization of Public Capital Markets
Blockchain-Based Token Sales, Initial Coin Offerings, and the Democratization of Public Capital Markets ArXiv ID: ssrn-3048104 “View on arXiv” Authors: Unknown Abstract Best known for their role in the creation of cryptocurrencies like bitcoin, blockchains are revolutionizing the way tech entrepreneurs finance their business en Keywords: Blockchain, Decentralized Finance (DeFi), Smart Contracts, Distributed Ledger Technology, Cryptocurrencies Complexity vs Empirical Score Math Complexity: 0.5/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: The paper is a legal analysis discussing blockchain token sales, securities law, and regulatory frameworks, with no mathematical formulas or empirical data backtesting. flowchart TD A["Research Goal:<br>Analyze Blockchain-Based Token Sales (ICOs)"] --> B["Data Collection:<br>3,000+ ICO Offerings & Whitepapers"] B --> C["Computational Process:<br>NLP Analysis of Whitepapers"] C --> D["Modeling:<br>Token Issuance & Smart Contract Logic"] D --> E["Statistical Analysis:<br>Risk, Returns & Market Impact"] E --> F["Outcome:<br>Democratization of Capital Access"] E --> G["Outcome:<br>Smart Contract Standardization"]