Title
ICOs Overview: Should Investors Choose an ICO Developed with the Lean Startup Methodology?
Abstract
An Initial Coin Offering (ICO) is an innovative way to raise funds and launch a startup. It is also an opportunity to take part in a project, or in a DAO (Decentralized Autonomous Organization). The use of ICO is a global phenomenon that involves many nations and several business categories: ICOs collected over 5.2 billion dollars only in 2017. The success of an ICO is based on the credibility and innovativeness of project proposals. This fund-raising tool contains however some critical issues, such as the use of tokens that have no intrinsic value and do not generate direct liquidity, and the role of investors in the management of the startup. We analyzed if the Lean Startup methodology is helpful to face this critical aspects and we examined some ICOs in which the proposing team states explicitly that a lean startup approach is used.
Year
DOI
Venue
2018
10.1007/978-3-319-91602-6_21
AGILE PROCESSES IN SOFTWARE ENGINEERING AND EXTREME PROGRAMMING, XP 2018
Keywords
Field
DocType
ICO,ICOs overview,Lean software startup,Blockchain
Information system,Market liquidity,Management information systems,Credibility,Lean startup,Decentralized autonomous organization,Instrumental and intrinsic value,ICO,Process management,Business
Conference
Volume
ISSN
Citations 
314
1865-1348
0
PageRank 
References 
Authors
0.34
6
4
Name
Order
Citations
PageRank
Simona Ibba153.35
Andrea Pinna2123.00
Gavina Baralla3104.85
Michele Marchesi4807120.28