The END of ICO's?

[ipanks]

Are ICO's as we know them coming to an end?  U.S., now China... Will all ICO's be regulated now? (would regulation be good?)

https://www.coindesk.com/chinese-ico-site-suspends-services-amid-reports-regulator-scrutiny/
https://www.coindesk.com/chinas-internet-finance-association-issues-ico-warning/
https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Whether ICOs will come to end simply because a single or handful of countries do not have the taste of it to their liking does not necessarily follow. As regards, regulation of ICOs, I am in favor of it. People or companies and their projects should not use ICO that easily. There must be some set of rules to make sure ICOs are all legitimate and that scams and other similar schemes cannot use it for their personal riches alone.

yes i am agree, if there is no rules to make sure the ICO is legit, then the ICO has a big opportunity to scam investor's money after the project is done and it is too risky for investor if they know that their money will gone. i hope that if the ICO is really good, they must concern with their project and their investor and will do the best for the project so their investor can take their benefits and the project can reach success for a long run.

[wantangcfftc020]

only china goverment banned about ico can't killer ico project, about USA with SEC is very long time not support ico project
i think ico project still can run, without china people
but crypto curency is anonymous, so all china people still can invest in ico project

I think it is still ok to ICO projects, as you can see ,the market is getting worm and some hot ICO projects such as kyber and avenus will still be hard to join in, so I will keep supporting some promising ICO projects.

[blockchainmarketus]

Are ICO's as we know them coming to an end?  U.S., now China... Will all ICO's be regulated now? (would regulation be good?)

https://www.coindesk.com/chinese-ico-site-suspends-services-amid-reports-regulator-scrutiny/
https://www.coindesk.com/chinas-internet-finance-association-issues-ico-warning/
https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Regulate ICOs is better to make developers work hard and work on real projects. It is avoid scam ICOs. I think we have to be positive thinking. We can't avoid being scammed. Many ICOs now are not in real projects.

[Babyrica0226]

Are ICO's as we know them coming to an end?  U.S., now China... Will all ICO's be regulated now? (would regulation be good?)

https://www.coindesk.com/chinese-ico-site-suspends-services-amid-reports-regulator-scrutiny/
https://www.coindesk.com/chinas-internet-finance-association-issues-ico-warning/
https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

I don't think ICO's will come to an end, Because the decision still be in the hands of the community and investors who believe in the ICO. And even it suspend it will still be continue to rise and operate, this is just my opinion and perception.

[Argoo]

There was no end to the ICO and no. This is an unjustified panic. According to incoming information, the ban in China concerns only organizations, that is, legal entities. Citizens were not allowed to invest in the ICO. There is a normal regulation of this market.

[freebutcaged]

They thought that they could shake down the crypto markets by spreading news about ICO being illegal and they somewhat succeeded only for a few

Hours, as we can see now every single token is back to the top and some of them are even growing despite the action taken by China. it shows that

There are real people and private investors supporting these tokens and by the looks of it they are not afraid of China or any other country, these

Governments need something other than causing panic, we have seen it all before and wont dump that easy for them to have the opportunity to buy

When we try to sell.

[n4poleon]

To be honest, the only ones affected here are the scammy ones. The legit platforms are not really affected especially when they do comply with the regulations. ICO crackdowns in China were the scammiest ones, ones that are not even related to cryptocurrency in general, just pure money grab, that's the ones that are being crack down now.

[devollito]

You are just over reacting about chinese news. It is not the end. China just want to regulated it. The govetment want a small chunk of money it is called tax. We will see the moon after china goverment complete their regulation.

[pikadut]

I think ico will not end, maybe china intention to ban ico because most of the scammers,
and hopefully this will make ico better in the future and there are new rules 

[m3mbr44n]

There is so much rubbish among all the ICOs. Most of them are currently not based on a good business plan looking for financing, but a few types wanting to score a quick buck. I would like to have a full team of financial whizzkids to go through all the offerings and preselect the serious ones and filter out all the rubbish.

[konco_kenthel]

what might happen this all will be able to add security in ico so it is not easy to be broken by irresponsible people. But hopefully there is still the best side after a ban from China and many who accept this fact.

[Antivoid]

the ico end in statges, but its a good news for long term, only the rubbish and bubble removed can ICO develop healthly, most ico are scams in the past months, if not stop, there will be worse result appear

[housebtc]

I thought this is going to scare people away from ICO but looking at Aventus ICO today, this is the beginging, it is the system that will correct itself not any government because human being is design to find away around things like this. Sanity will enter the space but not until the whole ICO bubble pop first. Bitcoin will be only one of the tokens left standing in the end, then reasons will start to correct the whole ecosystem

[Hyperme.sh]

I thought this is going to scare people away from ICO but looking at Aventus ICO today, this is the beginging … because human being is design to find away around things like this …

This issuers are apparently based in the UK. They’re ostensibly emboldened by the belief that the “use value” token is a valid defence against their ICO being classified as an investment security. That incorrect belief was apparently fostered by a Coinbase white paper.

This blog argues they are mistaken.

The ICO craze will have a deadcat bounce and continue until the regulators start punishing people for breaking the securities law.

When the regulators get serious, start forcing delistings from exchanges, confiscating bank accounts and assets of issuers and affiliates, and throwing some issuers in jail who don’t have enough assets for rescission, then we will see who still wants to buy these scalding hot potatoes.

Apparently punishment will originate in Asia and then presumably later work its way over to the West given that the SEC has already issued several warnings in the context of their investigation into The DAO.

https://www.google.com/search?q=regulation+of+ICOs+in+the+UK
https://www.coindesk.com/icos-eu-will-slow-giant-regulate-tokens/
http://www.jeremybarnett.co.uk/international-regulation-of-icos-cryptocurrency-lawyer

The definitions of ‘securities’ across jurisdictions are myriad. However, most of them seem to involve elements of shared ownership or control and an expectation of profit. In the United States, for instance, the definition of a ‘security’ includes ‘a certificate of interest or participation in any profit-sharing agreement’ or a ‘right to subscribe to or purchase the same’. In a similar vein, the UK Financial Conduct Authority defines a ‘security’ to include instruments with the following characteristics: ownership, control and a periodic monetary return. One may possibly argue therefore, that a ‘token’ or a ‘coin’ with profit sharing or governance rights is a ‘security’.

While securities regulators around the world are coming to terms with this new form of business entity and fundraising, entrepreneurs using ICOs are acutely aware that there lies a possibility that such tokens or coins would come under the ambit of securities law.

Regulators also probably need to weigh the benefits vs. risk outcomes. So they may be waiting to observe what happens with ICOs such as this one. To see if the risk to the naive investors is great enough to justify enforcement action.

With only a cursory glance, Aventus appears to have perhaps a valid use case, capable team, and presumable solid technology (although I did not read their white paper), so this wouldn’t be the best example of an ICO that most needs to be stopped.

[untugede]

I thought this is going to scare people away from ICO but looking at Aventus ICO today, this is the beginging, it is the system that will correct itself not any government because human being is design to find away around things like this. Sanity will enter the space but not until the whole ICO bubble pop first. Bitcoin will be only one of the tokens left standing in the end, then reasons will start to correct the whole ecosystem

it is already like that system is applied all its no more altcoin that will actually develop a program, it's just as the prefix only after it's been no news

[adamantasaurus]

I don't think it is going to be the end of ICO's just a step in the direction of regulation because a lot of people were getting scammed by all these fly by night companies that just decide to do an ICO kind of ridiculous IMO

[StockBet.com]

Not surprised. This is a channel to take money from China offshore - which is probably how many Chinese ICO investors see it. Buy here for RMB, sell there for USD. Bingo! Apparently, the stream grows fast enough for Chinese Government to take preventive action.

Chinese investors can still move money offshore without Chinese ICOs.  They can still buy Bitcoin, Ethereum, etc., with RMB and sell elsewhere for USD.

[shirokumo]

After China & Korea, Hong Kong also raised concerns about ICO:
https://techcrunch.com/2017/09/05/hong-kong-ico-concern/

[NathanJB]

There was no end to the ICO and no. This is an unjustified panic. According to incoming information, the ban in China concerns only organizations, that is, legal entities. Citizens were not allowed to invest in the ICO. There is a normal regulation of this market.

This is the better take on the issue that becomes hotter and hotter because of spreading not news but mere rumors. There will be no end to ICOs. Why would they end something that many people are comfortable using and many investors are supporting? Regulation is actually better. I would welcome regulations so that the ICO will be kept from scams and projects that only want money.

[ahtremblay]

Are ICO's as we know them coming to an end?  U.S., now China... Will all ICO's be regulated now? (would regulation be good?)

https://www.coindesk.com/chinese-ico-site-suspends-services-amid-reports-regulator-scrutiny/
https://www.coindesk.com/chinas-internet-finance-association-issues-ico-warning/
https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

No. They will say that is premine. and sell them. No one can block crypto world