149 research outputs found

    Initial coin offerings (ICOs): Why do they succeed?

    Get PDF
    Recent literature has addressed initial coin offering (ICO) projects, which are an innovative form of venture financing through cryptocurrencies using blockchain technology. Many features of ICOs remain unexplored, leaving much room for additional research, including the success factors of ICO projects. We investigate the success of ICO projects, with our main purpose being to identify factors that influence a project’s outcome. Following a literature review, from which several potential variables were collected, we used a database comprising 428 ICO projects in the banking/financial sector to regress several econometric models. We confirmed the impacts of several variables and obtained particularly valuable results concerning project and campaign variables. We confirmed the importance of a well-structured and informative whitepaper. The proximity to certain markets with high availability of financial and human capital is also an important determinant of the success of an ICO. We also confirm the strong dependency on cryptocurrency and the impact of cryptocurrency valuations on the success of a project. Furthermore, we confirm the importance of social media in ICO projects, as well as the importance of human capital characteristics. Our research contributes to the ICO literature by capturing most of the success factors previously identified and testing their impacts based on a large database. The current research contributes to the building of systems theory and signaling theory by adapting their frameworks to the ICO environment. Our results are also important for regulators, as ICOs are mainly unregulated and have vast future potential, and for investors, who can benefit from our analysis and use it in their due diligence.info:eu-repo/semantics/publishedVersio

    Human Capital's importance in Initial Coin Offerings' (ICOs) success

    Get PDF
    The Initial Coin Offerings (ICOs) are an emerging topic in the literature with several gaps still to fulfill. The ICOs have increased its importance not only due to the interest they have been raising but also due to the capital amounts involved in the projects, the innovative solutions they offer and the challenges they pose to regulators. There is some research on the ICOs' success factors but there is still no common measure of success as well as not many researches focused on the human capital importance for the projects success. In our research we will perform a literature review on the ICOs' topic and develop an econometric model with a database composed by 3158 profiles and 340 ICO projects in the banking/financial sector. We will be focusing on the human capital importance in these projects and propose three measures for project's success. With our research we intend to complement the literature on the ICOs projects and shed some light on the factors driving their success.info:eu-repo/semantics/publishedVersio

    Human capital's importance in Initial Coin Offerings' (ICOs) success

    Get PDF
    The Initial Coin Offerings (ICOs) are an emerging topic in the literature with several gaps still to fulfill. The ICOs have increased its importance not only due to the interest they have been raising but also due to the capital amounts involved in the projects, the innovative solutions they offer and the challenges they pose to regulators. There is some research on the ICOs' success factors but there is still no common measure of success as well as not many researches focused on the human capital importance for the projects success. In our research we will perform a literature review on the ICOs' topic and develop an econometric model with a database composed by 3158 profiles and 340 ICO projects in the banking/financial sector. We will be focusing on the human capital importance in these projects and propose three measures for project's success. With our research we intend to complement the literature on the ICOs projects and shed some light on the factors driving their success.info:eu-repo/semantics/publishedVersio

    Success Factors of Initial Coin Offering (ICO) projects

    Get PDF
    The Initial Coin Offerings (ICOs) concept has been an emerging topic in the literature as well as their success factors. We will build up on the current literature and explore several success factors divided into categories, namely, project, campaign, social network and team’s characteristics. The preliminary econometric model developed was built on data from a database composed of 428 ICO projects in the banking/financial sector which allowed us to collect a diverse range of independent variables identified recurring to the existent literature. After proceeding to a literature review, we will analyze the results of the econometric model allowing us to identify the relevant variables and their impact on project’s success.info:eu-repo/semantics/publishedVersio

    A systematic literature review on hospitality analytics

    Get PDF
    With the growth of data generated by all systems involved in a hotel, terms like big data and business analytics (BA) gain strength within the hotel industry. Business analytics can be used in hospitality management to increase business knowledge and to improve the decision-making process. This study's main questions are: RQ1 – Which are the main research attributes studied in the past two decades related to analytics in the hospitality sector? RQ2 – What are the main differences between business intelligence and business analytics? RQ3 – What are the main trends in business analytics? RQ4 – Which are the main business intelligence perceptions and beliefs? To answer these research questions, this article provides a literature review to systematize the research made in business analytics information systems in the hospitality industry. The results can help identify different research attributes and the most relevant theories developed in the past two decades related to business analytics tools.info:eu-repo/semantics/publishedVersio

    A influência da comunicação nos social media no sucesso das Initial Coin Offerings (ICOS) do setor bancário

    Get PDF
    As Initial Coin Offerings (ICOs) são uma forma alternativa de financiamento, destinada a projetos com modelo de negócio baseado na tecnologia blockchain. O presente estudo propõe-se analisar a associação entre a utilização de comunicação nos canais digitais pelos promotores do projeto e os ratings dos projetos publicados online por entidades terceiras e o sucesso das ICOs na fase de emissão. Foi efetuada a análise quantitativa de dados secundários (micro dados de 556 ICOs do setor bancário) e recorreu-se ao estudo de caso qualitativo das principais ICOs do setor bancário, com recurso à observação e análise de conteúdo. Os resultados do presente estudo revelaram que a presença nos social media está associada ao sucesso das ICOs do setor bancário, nomeadamente a utilização das plataformas Twitter, Slack, Facebook, Medium, Bitcointalk, Github, Reddit e Youtube. Adicionalmente, as classificações de ratings divulgadas nas plataformas online estão associadas ao sucesso na obtenção de financiamento das ICOs. Do ponto de vista teórico os resultados indicam que a comunicação nos canais digitais (e.g., código fonte, whitepaper) permite reduzir a assimetria de informação entre promotores e investidores numa ICO.info:eu-repo/semantics/publishedVersio

    Physical activity level in Physical Therapy students

    Get PDF
    Physical activity is defined as any body movement that requests energy expenditure. The practice of physical activity allows to reinforce and increase the capacity of muscular-skeletal response and an improvement of physical aptitude. Currently, has been verified that university students have been decreasing healthy lifestyles and increasing their degree of sedentary lifestyle. Thus, it’s essential the Higher Education Institutions present themselves as a way to promote the practice of physical activity and contemplating it in the basic formation.info:eu-repo/semantics/publishedVersio

    Level of physical activity and body image in Portuguese and French students, 1st year of Physiotherapy

    Get PDF
    Adolescents have a physiological need to move, therefore physical activity should be encouraged at an early age. In young adults, there are also various physical and psychological transformations. Associated with these transformations, there is a will to fit in the patterns of society’s beauty and, sometimes, a consequent bodily dissatisfaction. Thus, it is necessary to encourage physical activity, for its benefits.info:eu-repo/semantics/publishedVersio

    Fatores de sucesso das Initial Coin Offerings (ICOs): A importância do capital humano

    Get PDF
    As Inital Coin Offerings (ICOs) ou em português, Ofertas Iniciais de Moedas, têm ganho relevância pela sua novidade, pelos valores de capital envolvidos nos projetos, bem como pela tecnologia e métodos disruptivos utilizados. As ICOs são uma forma disruptiva de financiar novos projetos de risco e altamente tecnológicos. Esta forma de financiamento de um projeto foi comparada com outras, nomeadamente, crowdfunding, capital de risco ou Ofertas Públicas Iniciais. No entanto, as ICOs têm características muito específicas que as tornam únicas. Neste estudo desenvolvemos uma revisão da literatura sobre este tema. Com base na Teoria do Capital Humano (TCH), também estudámos a importância dada à equipa empreendedora e o seu impacto no sucesso dos projetos. Este estudo vem preencher a lacuna existente na literatura sobre este tópico, desenvolvendo um modelo econométrico que mede o impacto das características da equipa empreendedora no sucesso de um projeto. A base de dados é composta por 3158 perfis e 340 projetos. Concluímos que as variáveis relacionadas com a equipa contribuem significativamente para o sucesso do projeto. Os dados utilizados sugerem que a localização das equipas contribui para o sucesso dos projetos, bem como a existência de uma extensa rede de contactos dos empreendedores. Os ratings atribuídos por agentes externos ao projeto também são indicadores de sucesso. Várias variáveis de controlo, como a existência de limites para o financiamento, o número de moedas aceites, a plataforma em que o projeto é desenvolvido, a oferta de bónus e o ano do projeto, foram consideradas estatisticamente significativas, tendo igualmente impacto no sucesso do projeto.info:eu-repo/semantics/publishedVersio
    corecore