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Financing Ventures with Fungible Tokens

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

January 25, 2026 · 1 min · Research Team

Initial Coin Offerings and the Value of Crypto Tokens

Initial Coin Offerings and the Value of Crypto Tokens ArXiv ID: ssrn-3143343 “View on arXiv” Authors: Unknown Abstract This paper explores how entrepreneurs can use initial coin offerings — whereby they issue crypto tokens and commit to only accept those tokens as payment for th Keywords: Initial Coin Offerings (ICOs), Crypto Tokens, Crowdfunding, Blockchain, Alternative Investments Complexity vs Empirical Score Math Complexity: 6.5/10 Empirical Rigor: 3.0/10 Quadrant: Lab Rats Why: The paper employs a formal economic model with equilibrium analysis and derives theoretical results about token value and fundraising, indicating moderate-to-high mathematical complexity. However, the work is primarily theoretical with no backtests, datasets, or empirical implementation details, placing it in the ‘Lab Rats’ quadrant. flowchart TD A["Research Question<br/>Value of crypto tokens in ICOs"] --> B["Methodology<br/>Theoretical model & entrepreneurial decisions"] B --> C["Data/Input<br/>Token demand, network size, funding goals"] C --> D["Computational Process<br/>Mathematical derivation of token value"] D --> E["Key Findings<br/>Tokens enable crowdfunding<br/>Value tied to platform usage<br/>Commitment to token acceptance is key"]

January 25, 2026 · 1 min · Research Team

Initial Coin Offerings

Initial Coin Offerings ArXiv ID: ssrn-3166709 “View on arXiv” Authors: Unknown Abstract This paper examines the market for initial coin offerings (ICOs). ICOs are smart contracts based on blockchain technology that are designed for entrepreneurs to Keywords: Initial Coin Offerings (ICOs), Smart Contracts, Blockchain, Cryptocurrency, Entrepreneurial Finance, Cryptocurrency/Blockchain Assets Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 3.0/10 Quadrant: Philosophers Why: The paper appears to be an empirical study of a new financial market (ICOs) using observational data, which typically involves descriptive statistics, regression analysis, and event studies rather than advanced mathematical derivations. While it uses real-world data, the focus is on market analysis and implications rather than backtest-ready algorithmic trading code or rigorous performance metrics. flowchart TD A["Research Goal<br>Examine the ICO Market<br>via Blockchain Smart Contracts"] --> B["Methodology: Data Collection<br>Token Attributes, Issuer Info, Market Data"] B --> C["Methodology: Market Analysis<br>Price, Liquidity, Returns"] C --> D["Computational Process<br>Statistical Analysis of<br>Token Economics & Issuance"] D --> E{"Key Findings & Outcomes"} E --> F["ICOs as Efficient<br>Entrepreneurial Finance Tools"] E --> G["Token Price Determinants<br>Identified"] E --> H["Blockchain Transparency<br>Enhances Market Trust"]

April 22, 2018 · 1 min · Research Team