Operation Dumbo Drop: To Airdrop or Not to Airdrop for Initial Coin Offering Success?

The authors thank the senior editor, associate editor, and the three anonymous reviewers for their constructive and insightful suggestions. The authors extend their appreciation for the valuable comments provided by Professor Liangfei Qiu (University of Florida) and Professor Zhiqiang (Eric) Zheng (University of Texas at Dallas), along with the insightful feedback received during presentations of this research at various institutions and conferences. The authors also thank the Inddigo platform (http://inddigo.io) for providing blockchain data and computing capacity.