Bitcoin Forum

what will be the future of ICO's based on China's ban?

I understand a lot of big investors from china, but I think ICO investors not only come from China, but from all over the world .
so I think ICO will survive without China investors 8)

Without Chinese investors, there will be more ICOs coming. The globe is very wide. The crypto users are millions. There are many people outside china that use cryptocurrencies. Vitalik Buterin isn't from China. Don't worry about not many ICOs anymore. There will be new projects , don't worry about that.

Totally agree, Although China has blocked ICO It is impossible that some people who want to walk with the ICO they just stop. There's so many countries that still allow an ICO. I guess don't panic all is well.

I think China investors are involved very clearly in Ivor market  but now not only china many peoples are joined ico without China, so it's very positive news for btc lovers.

There will be no future for ICOs in china. Lucky were those that launched their ICOs earlier and got success with the help of investors. With the new policy implemented right now, there will no more ICOs in china. The country's pretty strict when it comes to laws, so I think no risk takers will be doing some underground or illegal ICOs.

Its not ban per say , rather China planning to bring its own flavour of ICOs, like they did banning fb and google in initial stages .. one cant ban like this as they will grow up from other corner of the world and quality ICOs will keep rising like one of the is Ambrosus The combination of the maturity of the technology and the brainpower and creativity of participating actors provide a unique and clear opportunity to build a bridge between Ethereum and the food sector

yes it does. there is still many of investor outside china. But what i mostly afraid of is more country, more governance related to cryptocurreny and ico that would limited the development of ico and coin. this so sad a good technology such as blockchain couldnt be accepted by society cause some party that think that bad for business

Just a bump in the road. ICOs were heating up too fast anyway. This will give everyone a change to slow down. China likes to ban crytocurrencies because China manipulates their own currency so much that they know they are losing control. But that's the point and crypto can't be stopped!

no more ICO or Scam ICO from China so many ICO on bitcointalk still alive

Not only China but even powerhouses like Russia and Korea have followed suite with the ICO ban. This is very bad news for all the legitimate ICOs as major investing players were from China and Russia. More altcoins are sure to resurface after this but will need more than just an ICO to get started which seems to be very difficult in this crypto world with the amount of different come out there.

The ban is silly as there are ways around it. The issue is probably move motivated by currency controls than anything else.

It is not just China. Singapore, South Korea, Russia, and the SEC are giving warnings about enforcement action coming against ICOs.

All ICO-issued coins will become delisted from exchanges and illegal to use and trade (https://bitcointalk.org/index.php?topic=2145300.msg21521472#msg21521472).

This will become enforced worldwide eventually.


There will be no way around it. The prosecutions and delistings will make ICO-issued coins something that nobody wants to touch.

China is a very centralized control economy, I think they will allow ICO on designated (controlled) blockchains,

I certainly hope that you're wrong. It amounts to throwing the baby out with the bath water.

The Chinese men has banned ICOs because many ICOs have scammed people recently. ICOs just raise the fund and scam people and run away.
Its a good attempt by them. This doesn't mean there wont be ICOs. There will be ICOs coming but the number of ICOs would be less. If there won't be any ICOs then how would a coin enter the crypto market. I guess there would be some rules for them to be followed in the upcoming days. The number of ICOs will decrease now. The less ICOs the less chances of people being scammed.

There is no problem. We can still launch new coins employing fundraising, which won’t create an investment security for the tokens. We just have to do it the clever legal way (https://bitcointalk.org/index.php?topic=1558366.msg21515894#msg21515894).


ICOs are dead and will not come back. The situation for them will get worse and worse over the coming months and year, until all the hard-headed have been punished.

Coins can be issued with proof-of-work or with the clever legal way (https://bitcointalk.org/index.php?topic=1558366.msg21515894#msg21515894).

The chinese ico willl be banned from the chinese right now, but those ico were based in the chinese Country will be fine. Like there are some projects in slovenian even Swiss will be fine and didn't get any impact caused by the chinese regulation.

Even ICO has banned from China, I believe there will still be an ICO will be coming and will still alive. Yes, I guess those Scam ICO's will be lessen because of this happen. So more likely, more to come ICO that is still legit and will invest into it.

Excuse my ignorance, but I'm not clearly seeing what the "clear legal way" is. Reading here (where you linked):

https://steemit.com/cryptocurrency/@anonymint/re-h0bby1-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170904t001326092z

I'm not seeing the "clever way".

I'm not a lawyer, so this is beyond my expertise.

I see how PoW gets around the Howey Test. But for crowdfunding a project, I'm not really seeing "the clever way". (Maybe it's just late and I'm being stupid.)

Click the link to the blog (https://steemit.com/cryptocurrency/@anonymint/are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued) so you can read the section:

this event is a small bump on the road, Chinese investors will always finds a way to invest in ICO's, but for ICO operator they need to migrate to other country to continue with their operations.

Chinese don’t speculate on illegitimate things. They speculated on ICOs because they could pitch a greater fool message that these were something that would be the future. How can they have that sales pitch when most of the major nations will eventually be making ICOs illegal (https://bitcointalk.org/index.php?topic=2145300.msg21521472#msg21521472)?

China, Russia, Singapore, and South Korea have already made announcements. The SEC also warned and will likely make enforcement announcement soon, which will cause another massive crash to lower levels.

Speculators still haven’t digested that this affects all the ICO-issued tokens, not just the China affiliated ones.

More and more crashing to come for ICO-issued tokens. (May get a dead-cat bounce which would be a good time to sell)

The other nations’ security regulators are not going to stand by and do nothing and let their citizens be subjected to scams, while the Asian countries protect their citizens. That would be very embarrassing to Western nations and abrogation of their responsibility and duty. There is already a contagion of a critical mass of nations now. This is unstoppable and ICOs are dead.


Existing ICO-issued tokens will become illegal, because investment securities are illegal to exchange if not on a registered exchange. And illegally issued investment securities are never legal to trade.

Thus ICO-issued tokens can not be spent decentralized. They are useless because can’t function as a cryptocurrency. At least not legally.

It might not be just China taking such a stance. South Korea recently said it will "punish" ICOs.

In the event that ICO does cease to exist what is the primary way that new projects will get going?

Will a legitimate platform with background checks/increased security etc be created for this?

I think China has again spooked investors. As was the case in 2014 as it was last year. After some time, everything will be fine and prices will go up. :)

Thanks for the input. I was thinking yesterday what will happen to ICO's since it is now banned in China but reading all your posts here makes me still think positively regarding ICO's. I guess the saying "if there's a will, there's a way" applies to future ICO's. If China really bans it there are still other countries who will sure make it legal. But in the meantime, China banning ICO's is still a good way to stop ICO's scamming their investors.

I am still hoping though that they will still allow legal ICO's following the China's rules and regulations if there will be.

i think this will not be a good implication for the china crypto industry. but come to think of it, i Believe NEO is from china right? maybe they want NEO to be their main core for the crypto or it's just many of the chinese businessmen see a big threat from ICO's that's why they are shutting it down?.

I'm just asking myself why people still obey the State. I thought the premise for cryptos was to get rid of banks, which is a State tentacle. Piratebay is still there despite the State persecution it suffered.

It doesn't matter china has banned many crypto related stuffs but if you notice the stats the most mining power is from china and the trading volume is also high compared to the world. Many will stop investing but that won't stop ico i hope you are aware that us residents can't invest in ico from starting so China's ban won't cause much of a difference.
Someone once said " Invest in whatever china bans"