Project description
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.
Fields of science
Programme(s)
- HORIZON.1.1 - European Research Council (ERC) Main Programme
Funding Scheme
HORIZON-AG-LS - HORIZON Lump Sum GrantCoordinator
CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE CNRS
Net EU contribution
€ 41 925,00
Address
Rue Michel Ange 3
75794 Paris
France
75794 Paris
France
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Region
Ile-de-France Ile-de-France Paris
Activity type
Research Organisations
Other funding
No data
Participants (1)
WORLDBRAIN UG (HAFTUNGSBESCHRANKT)
Germany
Net EU contribution
€ 108 075,00
Address
Glogauer Strasse 21
10999 Berlin
10999 Berlin
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Region
Berlin Berlin Berlin
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
No data