# Initial Coin Offerings

Initial coin offerings are proxy [[securities|equity]] fundraising structure that allows enterpeuers to raise crypto assets in a common enterprise outside of existing securities regulation.

## Citations

* [@kharif_half_2018]
* [@zetzsche_ico_2017]
* [@kelly_ico_2019]
* *[@debler_foreign_2018]
* [@cincinnati_ponzico_2017]
* [@howell_initial_2018]
* [@boreiko_serial_2020]
* [@benedetti_digital_2018]
* [@momtaz_entrepreneurial_2020]