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Study Papers | Information Sensing and Intelligent Control | Singapore | Volume 12 Issue 7, July 2023 | Rating: 5.1 / 10

Exploring the Development History of Cryptocurrency's Impact on Fundraising

Jianzheng Shi ^[2] | Yue Wang

Abstract: This paper delves into the transformative impact of cryptocurrencies on the fundraising landscape. It explores the evolution of fundraising methods, from traditional approaches to innovative strategies enabled by blockchain technology. The paper highlights the role of Initial Coin Offerings (ICOs), airdrops, and token standards like BRC20 in democratizing access to investment opportunities and breaking down barriers to entry. It also introduces the concept of Investment Contract Tokens (ICTs), which combine the advantages of Real Estate Investment Trusts (REITs) and securitization, offering novel ways for tokenization of assets. Despite the potential benefits of these methods, the paper acknowledges the challenges posed by the volatile nature of cryptocurrencies, regulatory uncertainties, and the risk of misuse. It emphasizes the need for a robust regulatory framework, investor protection, and market integrity. The paper concludes by underscoring the potential of cryptocurrencies and blockchain technology to redefine money, investment, and fundraising in the digital age, despite the existing hurdles.

Keywords: Airdrops, Decentralization, Web 3.0 Fundraising, ICO, ICT, REIT

Edition: Volume 12 Issue 7, July 2023,

Pages: 1173 - 1177