Investigating the Multihoming of Initial Exchange Offerings

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)peer-review

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Detail(s)

Original languageEnglish
Title of host publicationPACIS 2022 Proceedings
Publication statusPublished - Jul 2022

Conference

TitlePacific Asia Conference on Information Systems (PACIS 2022)
LocationTaipei/Sydney Virtual Conference
City
Period5 - 9 July 2022

Abstract

Initial exchange offering (IEO), an emerging crowdfunding approach for blockchain ventures, exploded in popularity during the late initial coin offering (ICO) bubble. Most researchers in this field focused on the factors of ICO success, while empirical research on how IEO works is limited. To address this research gap, we investigate the factors that affect the success of IEO projects with regard to multihoming. Our results show that the higher the exchange credibility where the IEO project is launched, the more likely it is to be multihomed. Furthermore, the post-IEO return of the associated token is a significant factor signaling the time interval of its listing on the following exchanges. Our paper extends previous research on crowdfunding for blockchain startups and paves the way for IEO projects to achieve long-term success.

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Research Unit(s) information for this publication is provided by the author(s) concerned.

Citation Format(s)

Investigating the Multihoming of Initial Exchange Offerings. / Zhou, Jie ; Zuo, Zhiya; Wang, Xi et al.

PACIS 2022 Proceedings. 2022. 1657.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)peer-review