The role of sentiment analysis in forecasting successful ICOs

Abstract

I explored the potential of Sentiment Analysis (SA) infore casting successful initial coin offerings (ICOs). The aim is to determine if the SA and Twitter data alone, and in combination with TORD, a publicly available database Paul P. 2021, can evaluate the success of ICOs. Hence, I provided background information on the initial coin offering (ICO) market and cryptocurrencies, followed by a thorough literature review on SA and the main success factors of ICOs.Then, I finally presented the research project results, including the use of SA methodologies, data cleaning, graphical, and predictive analysis. Along with the conclusions with personal insights on the results