noorammak
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Activity: 490
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November 01, 2017, 03:38:41 AM |
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Recently there are so many ICO projects that make us really hard to choose what projects should i invest in, because of many projects, i have to put more time to search information about them, then i reallize, many projects are not good or just scams. So having many ico projects do have advantages and disadvantages.
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hgmarral
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November 01, 2017, 03:56:29 AM |
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I still think some form of regulation for ICOs will be good. Contracts should be such that project administrators and devs may not be able to pull out or access their portions of the raised funds until the project archives a level of adoption.
And how do you propose the arbitrary value of "adoption" is transferred into immutable code? Right idea but execution like this would be difficult. We need the community to raise the overall standard of ICOs - self regulate and become more transparent or regulation will come down hard on the industry. Steps towards vesting periods for teams doing ICOs and transparency initiative's like Santiment's project transparency is something that the community needs to move more towards to get continued support and investment. |
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Ionico
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November 01, 2017, 03:59:46 AM |
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Get used to it. It’s inevitable and there will be millions of alt coins in the near future.
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Ereun
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November 01, 2017, 04:00:57 AM |
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The reason is the holder of a coin trying to sell
coin after meeting the sales target when buying cheap and then selling it for a high price, they start selling
bitcoin, altcoin to get money ,, increase the amount
bitcoin, increasing the amount of altcoin.
The presence of ico does not affect the fall in alticoin prices
This is just my opinion
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Opurum (OP)
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Just another random pre satoshi crypto freak
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November 01, 2017, 04:05:43 AM |
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I still think some form of regulation for ICOs will be good. Contracts should be such that project administrators and devs may not be able to pull out or access their portions of the raised funds until the project archives a level of adoption.
And how do you propose the arbitrary value of "adoption" is transferred into immutable code? I do not know the workings of Solidity or any other Language for smart contracts. But I think it could be programmed to work in a way that the percentage of tokens for dev rewards could be made a fork of the original coin and the exchange value of the fork directly tied to the original token in the programme. Then set a trigger that will activate the fork only when a certain level of liquidity of the token is determined based on the IN and OUT flows on the contract address. And when the fork is activated it can then be listed and exchanged for the original token through some form of buy back arrangement. |
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Makka
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November 01, 2017, 04:08:18 AM |
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I think it has both negative and positive effects. But numerous ICO is never a curse since they cannot be taken seriously on top legit exchanges. As what we observed, these new ICOs are becoming more popular and are even toppling some of the old solid coins. Many of these newer coins offer innovations in our advancing world.
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bbcolex
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Pepemo.vip
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November 01, 2017, 04:12:46 AM |
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Lot's of Ico opening everyday to collect funds from investors some are rigid but most promising ICO will be a blessing to all bounty and believers. But somehow the number of Ico launching almost everyday kinda affect every other ICO, since investors will be divided to different ICO. I can't say it's a curse but maybe Ico needs regulation, too much is bad and may explode then die.
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babsjoe
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November 01, 2017, 04:20:26 AM |
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From trade perspective, everything you said about duplicity is true. What is also true abiut ICO is that 90% of ICO may never be successful and that will remove the problem of duplication instantly since the bar in cryptocurrency when it come to development is very high. There is no threat here!
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hunker_down
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November 01, 2017, 02:48:47 PM |
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I think it is just because it is new and exciting and has a lot of potential. I don't see anything wrong with numerous projects, i just have a problem with the amount of scammy ones there are as it just breaks trusts with investors.
I do think there needs to be some regulation involved in the foreseeable future, but until then i do not see this space slowing down.
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Mr_McKska
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3D Blockchain Applications Platform
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November 01, 2017, 08:57:33 PM |
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I believe that a large number of ICO is blessing in any case. Yes, the choice of an object for investment becomes more difficult. Yes, it takes a lot of time. But there is competition in the market and we gain more experience and knowledge while selecting a pearl in this many projects. The weak projects will go away fm the market, the strong will remain, this is the natural course of things. And the fact that someone will lose their money by investing in a scam, well, this is everyone's personal responsibility for their choice, nothing more.
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Opurum (OP)
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Just another random pre satoshi crypto freak
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November 01, 2017, 09:22:33 PM
Last edit: November 03, 2017, 09:46:38 PM by Opurum |
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Asking that the number of tokens should be pruned is against the golden practice of free entry and exit which protects both consumers and suppliers from exploitation and unfair competition. I think what is needed is regulation, the alternative would be to allow all coins thrive together and in the end the wheat will be seperated from the charf.
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