Whitepaper-Based Analysis of Success Factors for Token Offerings

• Authors: ABEL Christian; AU Cam-Duc; FRÉRE Eric; ZURECK Alexander
• Year of publication: 2022
• Type: Article in Proceedings
• Conference: 4th International Conference on Applied Research in Business, Management and Economics
• MU Faculty or unit: Faculty of Economics and Administration

Web

• Link to the homepage of the academic conference event
• Direct Link to the file

• Keywords: Digital assets; portfolio management; finance; investments; asset class; security tokens

Attached files

• 44-4293.pdf

• Description: The results show that none of the analyzed text features of the whitepapers have a significant impact on the amount of funds raised with the token offering. Other current research indicates that reducing information asymmetry is a property of whitepapers, that is valued by investors. The current findings are in line with this research, as the analyzed text features do not contribute to this objective.