1.

Record Nr.

UNINA9910793874103321

Autore

Nestarcova Dominika

Titolo

A critical appraisal of initial coin offerings : lifting the "digital token's veil" / / by Dominika Nestarcova

Pubbl/distr/stampa

Leiden Boston : , : BRILL, , 2019

ISBN

90-04-41658-7

Descrizione fisica

1 online resource (177 pages)

Collana

Brill Research Perspectives

Disciplina

737.409

Soggetti

Cryptocurrencies

Electronic funds transfers

Finance - Technological innovations

Securities

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references (pages 127-149).

Sommario/riassunto

"In A Critical Appraisal of Initial Coin Offerings: Lifting the "Digital Token's Veil", Dominika Nestarcova examines the regulatory treatment of initial coin offerings ('ICOs'), a novel form of raising capital, where start-up companies issue blockchain-based assets ('digital tokens') to the public in return for a payment. The ICO model promises to utilize blockchain technology to enforce financial contracting via the underlying code, thereby substituting the traditional securities regulation. Dominika Nestarcova provides an in-depth analysis of this promise by examining the nature of digital tokens, the process, underlying benefits and risks to the model and the current state of the ICO regulation with an aim to uncover how the self-regulatory promise offered by ICOs lives up the expectations".