Skip to Main Content
Article navigation
Purpose

This paper aims to propose a novel blockchain crowdfunding projects evaluation approach using extended techniques for order preferences by similarity to ideal solution (TOPSIS) under fuzzy environment.

Design/methodology/approach

By analyzing the characteristics and operation process of blockchain crowdfunding model, this paper formulates the evaluation index system from three dimensions of human resources, capital and publicity. In addition, the entropy method is used to calculate the weight of each indicator to avoid subjective judgments; different alternatives are evaluated using the grey correlation analysis (GRA) and TOPSIS-integrated method which considers the distance and similarity between alternatives simultaneously.

Findings

By analyzing the characteristics and operation process of blockchain crowdfunding model, this paper formulates the evaluation index system from three dimensions of human resources, capital and publicity. In addition, the entropy method is used to calculate the weight of each indicator to avoid subjective judgments; different alternatives are evaluated using the GRA and TOPSIS-integrated method which considers the distance and similarity between alternatives simultaneously.

Originality/value

Blockchain crowdfunding has become a new model for fund-raisers to raise funds from public investors. This paper proposes a novel blockchain crowdfunding projects evaluation approach using extended TOPSIS under fuzzy environment.

Licensed re-use rights only
You do not currently have access to this content.
Don't already have an account? Register

Purchased this content as a guest? Enter your email address to restore access.

Please enter valid email address.
Email address must be 94 characters or fewer.
Pay-Per-View Access
$41.00
Rental

or Create an Account

Close Modal
Close Modal