• Sanya Ahuja

This study has been undertaken to throw light on Initial Coin Offerings(ICO) as a source of finance for new ventures or startups. Initial Coin Offerings are defined as the “tokens” or “coins” being issued in the form of cryptocurrency by companies wanting to raise finance from the public. It is similar to an Initial Public Offering (IPO). The purpose of the paper is to synthesize the available literature on this topic so that there can be a better understanding of this unique source of finance. The paper is designed in such a way that it makes it easy for the readers and future researchers to get a better understanding of the topic in hand. Ten research papers have been selected from journals of international repute from the period of 2017 to 2021. This period is defined as the growth period for cryptocurrency, block-chain technology and initial Coin Offerings. Various similarities and points of uniqueness amongst these papers have been pointed out and managerial implications for using ICO as a source of finance have been discussed. Recommendations for future research have also been mentioned.

Initial Coin Offerings, ICOs, Block-chain technology, Cryptocurrency

"INITIAL COIN OFFERINGS (ICO) AS A SOURCE OF FINANCE - A SYNTHESIS OF LITREATURE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 6, page no.d121-d130, June-2022, Available :http://www.jetir.org/papers/JETIR2206316.pdf

"INITIAL COIN OFFERINGS (ICO) AS A SOURCE OF FINANCE - A SYNTHESIS OF LITREATURE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 6, page no. ppd121-d130, June-2022, Available at : http://www.jetir.org/papers/JETIR2206316.pdf