Author Archives: Niclas Dombrowski

Decentralized Finance, Crypto Funds, and Value Creation in Tokenized Firms

By | May 31, 2022

Decentralized fundraising through Initial Coin Offerings (ICOs) for early-stage ventures is one important new business model that has only become viable through blockchain technology and smart contracts. Utility tokens, voucher-like assets providing access to a service or product that a venture promises to provide in the future, are generally considered as perfectly disintermediated peer-to-peer transactions,… Read More »