Mr Nishanth Bhimireddy

Research project: Initial Coin Offerings as a Novel Financing Mechanism: Sentiment Analysis, Performance Measurement, and Future Directions

Abstract

My thesis investigates Initial Coin Offerings (ICOs) as an innovative financing method for entrepreneurial ventures, focusing on the role of public sentiment in determining ICO success. By employing lexicon-based sentiment analysis and machine learning-based topic modeling techniques, the research uncovers hidden patterns and relationships within large datasets of tweets and ICO performance metrics. The comparison of ICOs to traditional financing methods contributes to our understanding of the evolving entrepreneurial landscape. Furthermore, the study applies advanced algorithms to analyze public discourse surrounding ICOs, revealing key themes and discussions that drive their success.

Biography

I am a PhD candidate at Kingston University, London, researching entrepreneurial finance and the innovative financing method of Initial Coin Offerings (ICOs). My research investigates the role of public sentiment in determining ICO success by employing lexicon-based sentiment analysis and machine learning-based topic modeling techniques. This approach helps uncover hidden patterns and relationships within large datasets of tweets and ICO performance metrics.

I have gained valuable corporate experience working at companies like Voith Group, Toyota North America, and Western Union. This experience has provided me with a comprehensive understanding of business principles and practices, as well as the opportunity to apply my skills in product analysis, competitor research, and market strategy. My background in engineering has also allowed me to develop a strong foundation in technical concepts.

Through my expertise in data analysis, financial analysis, business strategy, market research, and natural language processing, I aim to advance our understanding of the evolving entrepreneurial landscape and the impact of innovative financing strategies on emerging ventures.

Areas of research interest

  • Innovation Finance
  • Data Science
  • Blockchain
  • Strategy

Qualifications

  • MSc in Research Business, Kingston University, UK
  • Master of Business Administration (MBA), Kingston University, UK
  • Bachelor of Technology in Mechanical Engineering, Kakatiya University, India

Funding or awards received

  • PhD studentship in Faculty of Business and Social Sciences, Kingston University (2020-23)

Publications

  • Bhimireddy, N., Pierrakis, Y., & Vecchiato, R. (2023). Investor sentiments and success of Initial Coin Offerings: a lexicon-based sentiment analysis of public tweets. [Working paper].
  • Bhimireddy, N., Pierrakis, Y., & Vecchiato, R.. ICOs: How to measure success of an ICO [Working paper].
Number of items: 3.

Article

Pierrakis, Yannis and Bhimireddy, Nishanth (2023) Giving coins for free : does digital outsourcing of technical and advisory support influence the success of Initial Coin Offerings (ICOs)? Strategic Change, ISSN (print) 1086-1718 (Epub Ahead of Print)

Conference or Workshop Item

Bhimireddy, Nishanth, Pierrakis, Yannis and Vecchiato, Riccardo (2022) Can Twitter sentiments predict success of initial coin offerings? In: Paper development workshop (PDW) for PhD students and early career researchers; 25 Nov 2022, Held online. (Unpublished)

Bhimireddy, Nishanth and Pierrakis, Yannis (2021) Social media sentiment analysis and initial coin offerings (ICOs). In: Institute for Small Business and Entrepreneurship (ISBE) Conference : SME finance for building back better; 01-02 June 2021, Held online. (Unpublished)

This list was generated on Fri Apr 19 05:50:37 2024 BST.

Conference papers

  • Bhimireddy, N., Pierrakis, Y., & Vecchiato, R. (2023, June 21-23). ICOs: How to measure success of an ICO. Paper to be presented at the Economics of Financial Technology Conference, University of Edinburgh, Edinburgh, UK.