Capping returns to revamp initial coin offerings
Initial coin offerings (ICOs) are blockchain crypto tokens. Similar to crowdfunding models, they facilitate fundraising by appealing to the general public, offer equitable profit sharing and induce decentralised control. However, as ICO returns are unrestricted, there is an incentive for maximising profit and centralising blockchains. The EU-funded Regenerative ICOs project will investigate the notion of capping ICOs. This is expected to maintain ICO fundraising and profit sharing virtues, but remove the incentive of maximising profit whilst restoring sustainable decentralised control.
- HORIZON.1.1 - European Research Council (ERC) Main Programme
Funding SchemeHORIZON-AG-LS - HORIZON Lump Sum Grant
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