CoinDesk Research: ICO Sentiment Survey for Investors

Introduction

This survey is intended to gather data on crowd sales, token sales and "Initial Coin Offerings" or "ICOs", the new process by which entrepreneurs are using blockchain-related protocols to govern software or raise funds from VCs and retail investors.

Results will be analyzed and published in CoinDesk Research's "State of Blockchain" report on Coindesk.com and may appear in CoinDesk marketing material.
--

Question Title

* 1. Have you ever purchased any of the following? Please mark all that apply.

I've never purchased any of the above

Derivatives

Commodities

Shares in non-equity crowdfunding (Kickstarter, Indiegogo, GoFundMe, etc.)

Shares in equity crowdfunding (AngelList, CrowdFunder, CircleUp, etc.)

Another blockchain-backed asset (like Augur - REP or ZCash - ZEC)

Ether (ETH)

Bitcoin (BTC)

Question Title

* 2. How familiar are you with blockchain token sales?

Very familiar with blockchain token sales

Familiar with blockchain token sales

Somewhat familiar with blockchain token sales

Not familiar with blockchain token sales, but at least somewhat familiar with Bitcoin or concepts like cryptocurrency

Not familiar with blockchain token sales, and not familiar with Bitcoin or concepts like cryptocurrency

Question Title

* 3. From what perspective have you looked at blockchain token sales?

Purchasing tokens in order to use the platform

Purchasing tokens in projects for myself (as an individual investor)

Purchasing tokens in projects for others (as a hedge fund, VC fund, financial advisor, etc.)

I have not considered participating in token sales

Other (please specify)

Question Title

* 4. How many blockchain token sales have you participated in?

None, and have never seriously considered it

None, but have considered it

One or more, and would consider participating again

One or more, and would not consider participating again

Question Title

* 5. If you’re yet to participate in a blockchain token sale, why have you held out?

Lack of attractive projects

Lack of attractive investment structures (but have seen attractive projects)

Lack of legal framework or guidance

Lack of information and third party research

Lack of faith in software and code auditing

I have participated in a token sale

Question Title

* 6. If you have taken part in a token sale, what was the primary reason for your participation?

Curiosity – wanted to learn about the opportunity and technology

Consumer interest – I needed to purchase the tokens to use a blockchain platform

Investment – I believed in the long-term vision for the project and believed the value of the tokens I purchased would increase

Speculation – I believed the value of the tokens was likely to rise regardless of the utility of the platform

I have not participated in a token sale

Other (please specify)