Year of Graduation
Statistical Investigation of the Factors of Success of the Initial Coin Offering
Economics and Statistics
This investigation aims to explore the most innovative method of fundraising from statistical point of view. Initial Coin Offering is claimed to become the future of capital raising, that is why it is crucial to understand both for high-tech companies’ leaders and investors, how to design the most effective mechanism of initial allocation of the company’s tokens. My analysis of empirical evidence, basing on existing theoretical foundation, helps to understand the causation of the amount of money raised during the ICO and other factors such as technical features of ultimate product, hype beyond the technology and management skills of the companies’ leaders.