مستقبل تمويل الشركات الناشئة: نظرة على العملات المشفرة والتمويل الجماعي

Abstract

This study aims to explore and analyze the synergies between crowdfunding and virtual currencies as alternative funding methods for startups, replacing traditional mechanisms. Additionally, it seeks to elucidate the impact of crowdfunding platform campaigns and the blockchain technology revolution on the business operations of startups, with a particular focus on Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), and Security Token Offerings (STOs) as cryptographic currencies.Furthermore, the study aims to address the legal and regulatory considerations involved in integrating these two financing approaches. The research adopts a descriptive methodology to provide explanations regarding the challenges of this alternative financing model and its alignment with the characteristics of startups.The findings suggest that both crowdfunding and funding with cryptocurrencies represent promising and prospective trends in financing startups, contingent upon overcoming legal and regulatory obstacles