The Coin du Jour: The Rise of Initial Coin Offerings

Colin L. Read ()
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Colin L. Read: SUNY Plattsburgh

Chapter Chapter 17 in The Bitcoin Dilemma, 2022, pp 175-186 from Springer

Abstract: Abstract Myriad Crypto Bros have concluded the path to affluence can come from the design of a new coin. Some have done so for notoriety, and still others even on a lark. A few innovators, such as SatoshiNakamoto, Satoshi, appear motivated onlyNakamoto, Hatoshi to satisfy a sincere ideology to bring banking to the masses without the need to rely on institutions too-big-to-fail. The Initial Coin Offering movement often purports to expand on Satoshi's ideal, but has instead left in its wake profits for a few but, many times, even greater losses for the many.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-09138-4_17

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DOI: 10.1007/978-3-031-09138-4_17

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