Whitepaper-Based Analysis of Success Factors for Token Offerings

Authors	ABEL Christian AU Cam-Duc FRÉRE Eric ZURECK Alexander
Year of publication	2022
Type	Article in Proceedings
Conference	4th International Conference on Applied Research in Business, Management and Economics
MU Faculty or unit	Faculty of Economics and Administration
Citation
Web	Link to the homepage of the academic conference event Direct Link to the file
Keywords	Digital assets; portfolio management; finance; investments; asset class; security tokens
Attached files	44-4293.pdf
Description	The results show that none of the analyzed text features of the whitepapers have a significant impact on the amount of funds raised with the token offering. Other current research indicates that reducing information asymmetry is a property of whitepapers, that is valued by investors. The current findings are in line with this research, as the analyzed text features do not contribute to this objective.