CRYPTOCURRENCY ICOs IN MONGOLIA RISKS AND CHALLENGES

Elmentve itt :
Bibliográfiai részletek
Szerző: Nyamdavaa Otgontamir
További közreműködők: Vallyon Dr. Andrea
Dokumentumtípus: Diplomadolgozat
Kulcsszavak:Blockchain
coin
crypto asset
cryptocurrency
ICO
Initial Coin Offering
Mongolia
token
Online Access:http://dolgozattar.uni-bge.hu/44195

MARC

LEADER 00000nta a2200000 i 4500
001 dolg44195
005 20230420140417.0
008 230420suuuu hu om 000 eng d
040 |a BGE Dolgozattár Repozitórium  |b hun 
041 |a en 
100 1 |a Nyamdavaa Otgontamir 
245 1 0 |a CRYPTOCURRENCY ICOs IN MONGOLIA  |b RISKS AND CHALLENGES  |c Nyamdavaa Otgontamir  |h [elektronikus dokumentum] 
520 3 |a At the end quarter of 2021, Mongolia's financial sector experienced a very uncommon incident that never happened previously. A company named "Inflation Hedging Coin (IHC)" announced its ICO (Initial Coin Offering) in September 2021 and successfully raised 10.5 million US dollars almost under a minute after the ICO opening. Immediately, this case attracted many fortune seekers and many other ICOs followed, offering their crypto coins. According to official sources, it is estimated that there have been 73 coins that raised funds.   This sudden boom of cryptocurrency in Mongolia only within a year was tremendous compared to the sluggish development of the 30-year-old stock market of Mongolia. Some sources estimate the Mongolian crypto market capitalization to be equal to 53% of the entire capital market and 995% of the income of insurance companies. If we compare this amount with the key economic performance indicators, it equals 4.9% of the whole economy, 17.4% of savings in banks, 16.8% of foreign currency reserves, and 37% of total cash in circulation. This is signaling a very unhealthy process in the Mongolian financial sector. The aim of my research will be thoroughly studying the literature on ICOs and to point out the risks and challenges accompanying this phenomenon in Mongolia. 
695 |a Blockchain 
695 |a coin 
695 |a crypto asset 
695 |a cryptocurrency 
695 |a ICO 
695 |a Initial Coin Offering 
695 |a Mongolia 
695 |a token 
700 1 |a Vallyon Dr. Andrea  |e ths 
856 4 0 |u http://dolgozattar.uni-bge.hu/44195/1/thesis%20otgontamir%202022%20-%20final.pdf  |z Dokumentum-elérés 
856 4 0 |u http://dolgozattar.uni-bge.hu/44195/2/Nyamdavaa_MA_evaluation_CA.pdf  |z Dokumentum-elérés 
856 4 0 |u http://dolgozattar.uni-bge.hu/44195/3/Otgontamir%20Nyamdavaa%20Thesis_assessment_Master_programme.pdf  |z Dokumentum-elérés