kaal:claim:4900878-020

The 2017 ICO wave democratized access to investment and spurred blockchain innovation, but the absence of regulatory oversight produced numerous fraudulent projects, which exposed the need for robust economic models and regulatory frameworks inside token ecosystems.

Source quote, verbatim
However, the lack of regulatory oversight also led to numerous fraudulent projects
From

Wulf A. Kaal, Quantum Economy and Tokenomics (2024), 5.1 History and Evolution, p. 39
https://ssrn.com/abstract=4900878 · source PDF

Cite as

Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

Holds when
Classification

failuresupport: arguedfailure: unregulated-ico-fraudfamily: fraud-and-misconductsecurities-lawtokenomics

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 75bf96d3b751b4ad0a6ca4a32591cf026094f113e3a372aa6c61790941b391f7. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/313525e7cd30d259...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/4900878-020.md | sha256sum

Positions extending this scholarly claim