{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3117224-002",
 "identifier": "kaal:claim:3117224-002",
 "text": "Unlike other means of capital formation, ICOs allow promoters to raise funds without sacrificing equity, so proceeds can be used exclusively for product development.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses",
  "datePublished": "2018",
  "url": "https://ssrn.com/abstract=3117224",
  "sha256": "83e9ccb9219a217d9fcfc5c098b897229ee7cf85623bee3ae22d2e986548466b",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202018%20-%20Initial%20Coin%20Offerings%20The%20Top%2025%20Jurisdictions%20and%20Their%20Comparative%20Regulatory%20Responses.pdf"
 },
 "keywords": [
  "securities-law",
  "tokenomics"
 ],
 "about": [
  "initial-coin-offerings",
  "equity-dilution",
  "capital-formation",
  "promoters"
 ],
 "abstract": "Unlike other means of capital formation, ICO's allow promoters to avoid sacrificing equity for financing. Instead, ICO promoters can use the proceeds of the ICO exclusively for product development.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": []
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/7e5576d54760a28f076e698cb84449b507d1819bb4a2870f78318c4d64c91024.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "supports",
     "to": "https://wulfkaal.github.io/claims/3067615-001",
     "to_id": "kaal:claim:3067615-001",
     "similarity": 0.469
    },
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3067615-016",
     "to_id": "kaal:claim:3067615-016",
     "similarity": 0.343
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "7e5576d54760a28f076e698cb84449b507d1819bb4a2870f78318c4d64c91024",
 "canonicalForm": "https://wulfkaal.github.io/claims/3117224-002.md"
}