# kaal:claim:3067615-040

**Claim.** Through continuous evolution and improvement of ICO practices, the ICO industry and the underlying crypto businesses can become the foundation of the emerging crypto economy.

**Type.** predictive  **Support.** speculative

**Holds when.**

- continued voluntary or mandated improvement of ICO industry practice

**Source quote.**

> Through ICOs' evolution and continuous practice improvements, the ICO industry and underlying crypto businesses can become the foundation of the emerging crypto economy.

**From.** Wulf A. Kaal, Marco Dell'Erba, *Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags* (2017), VI. Conclusion, page 22

**Cite as.** Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

**Verify.** sha256 of source PDF `164ce15b9eb1e8847ebcb073f5b23a96b4974ad0308d77469a9455d4a1ebeb38` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Dell%27Erba%20-%202017%20-%20Initial%20Coin%20Offerings%20Emerging%20Practices%2C%20Risk%20Factors%2C%20and%20Red%20Flags.pdf

**Topics.** economics, institutional-design

**Keywords.** industry-self-regulation, crypto-economy, market-evolution, prediction

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/4015908-040

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