The Organization for Economic Cooperation and Development (OECD) thinks initial coin offerings (ICOs) may become a useful financing tool for small and medium-sized businesses (SMEs) – but the space is not yet mature or regulated enough for the “mainstream.”

The report, published Tuesday by the international economic organization, provides a broad overview of ICOs and different token distribution methods, including airdrops, and examines how tokens built on top of distributed ledgers (DLT) may be used to raise funding for these smaller companies.

The report notes that it does not explore token taxonomy or regulatory efforts, given that such efforts are ongoing. Further, the authors say the report “is based on the theoretical discourse of token offering and is not intended as a practical ICO guide.”

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