Initial Coin Offering Essence of the Financing Model and Regulatory Framework in the European Union Cover Image

Първично монетно предлагане същност на модела на финансиране и регулаторна рамка в Европейския съюз
Initial Coin Offering Essence of the Financing Model and Regulatory Framework in the European Union

Author(s): Deyan Ivanov
Subject(s): Economy, Supranational / Global Economy, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: initial coin offering; ICO; crypto currencies; investments
Summary/Abstract: Initial coin offering is a new and alternative model for raising capital by startup companies, making the study of problems in the field relevant and of great significance. The article explores the aims, the advantages and the essence of the initial coin offering. In particular, the regulatory framework, investor returns and risks in the area of this type of financing are analyzed. Based on the collected data and after analyzing the trends and problems related to the topic, conclusions and recommendations are formulated regarding all participants in the initial coin offering.