kaal:claim:3606663-009

Initial exchange offerings emerged as a market response to the near disappearance of the ICO market in January 2019, driven by the cryptocurrency exchanges that were most affected by the collapse.

Source quote, verbatim

Initial exchange offers ("IEO") 66 evolved as a response to the near disappearance of the ICO market in January 2019.

From

Kaal, Digital Asset Market Evolution (2020), 4. Initial Exchange Offers, p. 20
https://ssrn.com/abstract=3606663 · source PDF

Cite as

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

Holds when

cryptocurrency exchanges
aftermath of the ICO market collapse in January 2019

Classification

mechanismsupport: arguedsecurities-lawdefieconomicsinstitutional-design

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