Первичное размещение монет (ІСО): практика использования в Украине

Авторы: И. Лютый, ORCID ID 0000000235612432, доктор экономических наук, профессор, заведующий кафедрой финансов, Киевский национальный университет имени Тараса Шевченко, Киев, Украина
А. Карпич, ORCID ID 0000000153457299, ассистент кафедры финансов, Киевский национальный университет имени Тараса Ше- вченко, Киев, Украина

Аннотация: Исследована практика использования ІСО как инструмента финансирования бизнеса в Украине. Проведен анализ отечественных ІСО, обобщены их основные характеристики. Определены факторы, влияющие на развит ие ІСО в Украине. Подчеркнута необходимость поддержки ІСО со стороны государства.

Ключевые слова: первичное размещение монет, токен, финансирование, инвестиции, Украина

Received: 26/08/2018

1st Revision: 20/09/18

Accepted: 10/10/2018

DOI: https://doi.org/10.17721/1728-2667.2018/201-6/3

References

The ontology of the research is internal realism, while the epistemology of the given study is constructivism. The main strategy is induction. The qualitative and quantitative methods were adopted analysing secondary data. The statistical analysis was applied for structuring data covering the time period until May 30, 2018.
On the basis of the conducted analysis, the paper identifies the main characteristics of ended Ukrainian ICOs, including the number of rounds, timelines, currencies accepted for investment, the characteristics of tokens issued, soft caps and hard caps, etc. As of May 30, 2018, 18 Ukrainian companies already launched ICO, and 11 companies intended to do so in the near future, and the study shows that ca 40% of all ended national ICOs may be scams.
It is emphasized that the Ukrainian corporate sector may use ICOs for financing its activities quite successfully provided that ICO is supported by the state and the national legislation for it is created and implemented.
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