MAN Seminar: “The Role of Enviromental Sustainability on initial coin offerings success”, Parivash D. Dehkharghani, 10:00AM June 5 2024 (EN)

Date: 05 June 2024, Wednesday
Time: 10.00

This is an online seminar. To obtain event details please send a message to department.

“The Role of Enviromental Sustainability on initial coin offerings success”

Parivash D.Dehkharghani
(Advisor : Assoc. Prof. Fehmi Tanrısever)

Initial Coin Offerings (ICOs) have emerged as a popular fundraising method in the cryptocurrency sector. Previous studies have identified various factors affecting fundraising success. This study goes further, exploring the broader range of success factors in ICOs, with a particular focus on environmental sustainability, which is divided into direct and indirect categories. Direct sustainability refers to ICOs that offer products or services directly related to environmental sustainability initiatives and Indirect sustainability includes ICOs that may not have sustainability as their primary focus but contribute to sustainability goals in other ways. The research utilizes data from 1212 ICOs from ICO-related websites. Our findings reveal that ICOs directly linked to environmental sustainability may face challenges in fundraising success. Furthermore, no significant relationship was found between indirect sustainability and the success of ICOs.