IDEAS home Printed from https://ideas.repec.org/a/nwe/iisabg/y2023i3p78-93.html
   My bibliography  Save this article

Model for Capital Crowdfunding through Distributed Ledger Technologies

Author

Listed:
  • Krasimir Petkov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Raising capital for a project from a crowd of retail investors has become established as a practice in the last decade. A practice mainly driven by the lack of alternatives for startup entrepreneurs, and the various positive features and functionalities of these models, allowing for more audience engagement, proof of concept, marketing, etc. With the proliferation of blockchain technologies (also known as distributed ledger technologies), there is a technical opportunity for these processes to be refined and for equity crowdfunding to enter a new stage of development. This study proposes a model for the application of blockchain aimed in this direction – addressing the problems and deficits of current models by implementing technological solutions based on distributed ledger technologies.

Suggested Citation

  • Krasimir Petkov, 2023. "Model for Capital Crowdfunding through Distributed Ledger Technologies," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 78-93, September.
    • Handle: RePEc:nwe:iisabg:y:2023:i:3:p:78-93
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/alternativi/2023.3/ISA.2023.3.05.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Entrepreneurship; crowdfunding; alternative finance; start-ups; venture capital; business angels;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwe:iisabg:y:2023:i:3:p:78-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.