Motives and profiles of ICO investors
نویسندگان
چکیده
Research on initial coin offerings (ICOs) is nascent and assesses ICOs from the perspectives of ventures regulators. Little known about equally important group investors who provide their capital to in ICOs. Using a primary dataset 517 ICO investors, we identify categorize motivations invest using factor analysis. We find that are driven by ideological, technological, financial motives. Regarding relative importance motives, technological motives most followed ideological To further profile conduct regression analysis distinguish across different For example, show significant differences with regard investors' risk perception, sources information, demand for strict regulation. The implications this study both theory practice considerable.
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ژورنال
عنوان ژورنال: Journal of Business Research
سال: 2021
ISSN: ['1873-7978', '0148-2963']
DOI: https://doi.org/10.1016/j.jbusres.2019.07.036