{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/positions/2026-07-31-6052",
 "identifier": "kaal:position:2026-07-31-6052",
 "additionalType": "https://wulfkaal.github.io/positions/schema.json#AffirmedPositionClaim",
 "name": "Streaming Blockchain Based Icos Pure Hype Or The Dawn Of A New Era Of Startup Fina D4232706A7",
 "text": "Blockchain-Based ICOs: Pure Hype or the Dawn of a New Era of Startup Financing? presents the following source proposition: The market for ICOs has grown at a rapid pace since its start in 2013. This proposition is pertinent to Kaal's source-bound claim that Venture capital investment in blockchain startups has grown exponentially since 2012, which the authors read as an indicator of the technology's commercial maturity. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "datePublished": "2026-07-31",
 "dateModified": "2026-07-31",
 "creativeWorkStatus": "Affirmed",
 "responseType": "extension",
 "keywords": [
  "blockchain",
  "innovation",
  "historical-response",
  "scholarly-literature",
  "openalex"
 ],
 "scope_conditions": [
  "The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.",
  "External evidence level: abstract indexed.",
  "Mapping review tier: moderate-confidence claim review.",
  "Primary mapping confidence: 0.3604.",
  "The source-to-claim mapping remains explicitly ambiguous and is published with that limitation."
 ],
 "currentDebate": {
  "name": "Blockchain-Based ICOs: Pure Hype or the Dawn of a New Era of Startup Financing?",
  "url": "https://doi.org/10.3390/jrfm11040080"
 },
 "extends": {
  "identifier": "kaal:claim:2939127-021",
  "url": "https://wulfkaal.github.io/claims/2939127-021",
  "citation": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127",
  "paper": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution",
  "authors": [
   "Wulf A. Kaal"
  ],
  "year": "2017",
  "ssrn": "https://ssrn.com/abstract=2939127",
  "source_pdf_sha256": "abcef529c7200261c59eec43018375b3b26e3186239fb9d002bacc298dba26ff"
 },
 "isBasedOn": [
  {
   "@id": "https://wulfkaal.github.io/claims/2939127-021"
  },
  {
   "@type": "CreativeWork",
   "name": "Blockchain-Based ICOs: Pure Hype or the Dawn of a New Era of Startup Financing?",
   "url": "https://doi.org/10.3390/jrfm11040080"
  }
 ],
 "batch_id": "kaal-review:2026-07-31:streaming-etl-0003",
 "review_provenance": "https://kaal-signal-desk.wulf577462.chatgpt.site/#review",
 "publicationStatus": "public",
 "recordTypeNote": "Dated commentary position extending a scholarly corpus claim. Not a verbatim claim extracted from the paper.",
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/positions/index.json"
 },
 "version": "1.0",
 "canonical_url": "https://wulfkaal.github.io/positions/2026-07-31-6052",
 "canonicalForm": "https://wulfkaal.github.io/positions/2026-07-31-6052.md",
 "candidateId": "kaal:response-draft:2026-07-31:ad57840f52523ae054ee",
 "evidenceLevel": "abstract indexed",
 "reviewTier": "moderate-confidence claim review",
 "mappingConfidence": 0.3604,
 "mappingAmbiguous": true,
 "mappingMethod": "idf-weighted multi-field mapping v1",
 "mappingWhyRelevant": "Shared high-information concepts: blockchain, startup, has, grown, since, venture, capital, technology. Scope: VC investment in blockchain startups, 2007 to 2016.",
 "sourceProvenance": {
  "source": "openalex",
  "sourceRecordId": "https://openalex.org/W2898136107",
  "queryId": "concept:ee778ad15ea3",
  "queryText": "decentralized autonomous organization",
  "canonicalUrl": "https://doi.org/10.3390/jrfm11040080",
  "doi": "10.3390/jrfm11040080",
  "externalIds": {
   "OpenAlex": "https://openalex.org/W2898136107",
   "DOI": "10.3390/jrfm11040080",
   "MAG": "2898136107"
  },
  "retrievedAt": "2026-07-31T17:52:10.435Z",
  "providerPage": 8,
  "rawObservationSha256": "fc1a2b4356c1747eb5cbc1dac58f8107c27b57d83d078502bad1a2107e5b6ab3",
  "inputSnapshotSha256": "bdb2cd83e925a3abd26bab9a4375d1355c1d8fbab8736869dc7845f3ba159924",
  "inputLine": 8876,
  "chunkId": "openalex-00003",
  "workId": "work:doi:10.3390/jrfm11040080",
  "workAuthors": [
   "Lennart Ante",
   "Philipp Sandner",
   "Ingo Fiedler"
  ],
  "workPublishedAt": "2018-11-21",
  "identityKeys": [
   "doi:10.3390/jrfm11040080",
   "openalex:https://openalex.org/w2898136107",
   "url:https://doi.org/10.3390/jrfm11040080",
   "title:857b57a1edf6c2c8c2bd2e7c",
   "proposition:42dbfa4d94a14967239b015e014329898c52f04a2affa2282256f0c9b22c66e8"
  ],
  "sourceProposition": "The market for ICOs has grown at a rapid pace since its start in 2013.",
  "sourcePropositionSha256": "ed1ef344ecdb163a5a05e725f6d9d56b7cf956aac2e0b793be4d67cc8fbf35cc",
  "sourcePropositionIndex": 1,
  "claimMappings": [
   {
    "claimId": "kaal:claim:2939127-021",
    "claimUrl": "https://wulfkaal.github.io/claims/2939127-021",
    "rank": 1,
    "confidence": 0.3604,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, startup, has, grown, since, venture, capital, technology. Scope: VC investment in blockchain startups, 2007 to 2016.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3409548-037",
    "claimUrl": "https://wulfkaal.github.io/claims/3409548-037",
    "rank": 2,
    "confidence": 0.2972,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, financial, technology, applications, private, equity. Scope: large fund advisers as of 2019.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3409548-032",
    "claimUrl": "https://wulfkaal.github.io/claims/3409548-032",
    "rank": 3,
    "confidence": 0.2926,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, icos, startup, financial, technology. Scope: blockchain startup fundraising, 2018 to March 2019.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:2959730-001",
    "claimUrl": "https://wulfkaal.github.io/claims/2959730-001",
    "rank": 4,
    "confidence": 0.2916,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, market, has, technology, applications, private. Scope: private investment fund industry; period of roughly 2007 to 2017.",
    "ambiguous": true
   },
   {
    "claimId": "kaal:claim:3406323-006",
    "claimUrl": "https://wulfkaal.github.io/claims/3406323-006",
    "rank": 5,
    "confidence": 0.2908,
    "method": "idf-weighted multi-field mapping v1",
    "whyRelevant": "Shared high-information concepts: blockchain, new, market, venture, capital, technology. Scope: decentralized technology sector during the ICO boom, roughly March 2017 to June 2018.",
    "ambiguous": true
   }
  ]
 },
 "userAffirmation": "I affirm batch kaal-review:2026-07-31:streaming-etl-0003, SHA-256 8afd77518bf3e6dff3e21ea20524a254cd29e7e4678a80362a24c26c8dc039e2, as written and authorize publication of all 250 response claims on my canonical property, preserving their evidence levels, ambiguity labels, provenance, and the unchanged 5,033 scholarly claims.",
 "sha256": "2a3632d903cd20ee09136584e7db7c77f34a49d97a307dcda59d2a1cd172dc89"
}