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Author Topic: Freedom for ICOs?!?!  (Read 583 times)
alex2011576 (OP)
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January 24, 2018, 08:38:48 PM
 #1

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley
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January 24, 2018, 11:12:39 PM
 #2

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding.
Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.
alex2011576 (OP)
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January 24, 2018, 11:18:30 PM
 #3

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding.
Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.
Yeah, it is exactly what I want to say! But I heard from many people that they don’t want ICOs to be regulated! And I am like why? Do u want absolute freedom for what? I just can’t understand their state of mind. What do they want? So I wanna hear any reasons like pros and cons of both, maybe I can’t see anything?
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January 25, 2018, 06:45:30 AM
 #4

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley

There have been many scams and that has made people suspicious of icos, and when you add the regulation, KYC costumer policies and things like that then that has made the market of icos to move a lot slower than it did a year ago, however as long as the devs and their project is real and honest then it will attract attention and eventually make you money, in fact for the astute investor this is a great opportunity to buy into icos for cheap and make a fortune later.
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January 25, 2018, 07:12:36 AM
 #5

Regulation can help a lot,but even without it,it`s relatively easy to separate the trusted projects from the scams.Usually the legit ICOs have big advertising budgets and spend a lot of money to promote their projects.
This is a good sign.If some projects owner invests his own money into the ICO,he is determined to build a legit business.All the scammy ICOs,rely on free promotion and social media spamming,because they want fast profits from their scam.

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January 25, 2018, 07:21:33 AM
 #6

Well, what people don't understand that an ICO is just a kind of a shares offer from a startup, but without all the controls that a usual share offer has.
alex2011576 (OP)
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January 25, 2018, 07:56:36 AM
 #7

Well, what people don't understand that an ICO is just a kind of a shares offer from a startup, but without all the controls that a usual share offer has.
So, u mean that there is no sence in ICOs if they are conroled as IPOs?
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January 25, 2018, 08:05:13 AM
Last edit: January 25, 2018, 10:00:43 PM by alphaomega.f
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 #8

it will be good if ICOs will undergo regulation since there are actually a huge number of ICOs that is present to just scam and take away people's money without their knowledge. because of that scenario, those ICOs with good vision and intent are generally judged.
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January 25, 2018, 02:28:03 PM
 #9

it will be good if ICOs are actually good if it will undergo regulation since there are actually a huge number of ICOs that is present to just scam and take away people's money without their knowledge. because of that scenario, those ICOs with good vision and intent are generally judged.
Same vision, because I heard from so many people that ICOs are just scammers, but in reality they are able to generate better and more cost-efficient products using decentralized systems.
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January 25, 2018, 04:05:55 PM
 #10

Same vision, since I got notification from such a large number of individuals that ICOs are simply con artists, yet in all actuality they can create better and more cost-proficient items utilizing decentralized frameworks.
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January 25, 2018, 04:18:58 PM
 #11

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding.
Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.

Depend the regulation. If it's a soft regulation it's not a problem at all, but some agressive regulations can harm the ICO's business in general on the respective country. The truth behind the ICO regulations isn't the protection authorities want to give to investors, but the fear they have to continue losing money from taxes, as people are using ICOs as money laudering method.

Also, if a country is too strict about ICOs, the developer will just move himself to a more friendly country to execute his plans.

 
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bob3772
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January 25, 2018, 04:27:22 PM
 #12

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley


This is the way that any market operates, it is the same for many things and you can find a lot of studies on it, a common one is looking at the used car market and what is known as 'lemons'. You can easily buy a used car and it be broken and you've lost your money, this will always factor in to the demand and subsequently price across the overall market, like with a car you can do your due diligence in advance and reduce your chances of being the one who loses out because they made a poor investment.

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January 25, 2018, 04:38:08 PM
 #13

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding.
Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.
Actually because of the image of scam ICO's left to the mind of people, other government are totally banning it to protect investors and what they do is that they regulate the existing coins specially bitcoin so that it cant be use to tax evasion and other illegal transactions.

alex2011576 (OP)
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January 25, 2018, 05:13:51 PM
 #14

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding.
Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.
Actually because of the image of scam ICO's left to the mind of people, other government are totally banning it to protect investors and what they do is that they regulate the existing coins specially bitcoin so that it cant be use to tax evasion and other illegal transactions.
But do u believe it is a proper decision just to ban ICOs, maybe they should create helpful regulation and rise people awareness about both scammers and good ICOs?
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January 25, 2018, 08:06:00 PM
 #15

Undoubtedly, I am for the regulation of ICO. Unfortunately, this is too much scam. And really good companies suffer from it. And investors of course.
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January 25, 2018, 08:20:25 PM
 #16

Hi,
Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley
You are right but in the same time it is democracy and unfortunately there are a lot of rotten apples but still, i believe that those who make investments in ICO's they have the wisedome to make the difference between a scam and a serious company.
alex2011576 (OP)
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January 26, 2018, 04:20:29 PM
 #17

Hi,
Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley
You are right but in the same time it is democracy and unfortunately there are a lot of rotten apples but still, i believe that those who make investments in ICO's they have the wisedome to make the difference between a scam and a serious company.
It would be really good, if all investors could really understand what is scam and what is not. But I heard from many people about one example of the ICOs that was on media, got several millions and disappeared on the next day when ICOs was finished.
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January 26, 2018, 07:13:52 PM
 #18

Nowadays thousands of ICO companies come into the world and die!


the market is flooded and the competition has become very large, even for projects already established are facing a big competition, all fans of some project want that same project is in position 10 in the coinmarketcap


The problem is that big part of those ICOs are means of just getting money and nothing else.

I agree, still a few days ago hear john mcafee commenting on this

It causes lack of trust and people are afraid of investing their money in ICOs.

unfortunately this was not enough to create fear in people since I see many ICOs are raising a lot of money

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

I am going to blame the creators of the ICOs, as it is unjustifiable that someone wants to create a business or some innovation and that person creates an ICO, but that person do not present the names of the people who are part of the project team and does not mention relevant data as where exactly in real life the project will be implemented.

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January 26, 2018, 07:23:26 PM
Last edit: January 29, 2018, 11:44:51 AM by ladydark
 #19

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude  Smiley

Yes.Its right.Nowadays,even the institutional companies have started to enter the ICO for raising funds for their projects.They too might suffer due to the image that almost all ICOs are scam.ICO is a good concept but unfortunately there is no central body to control and regulate it since crypto market being the decentralized market and that's the root cause for all such problems.

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January 27, 2018, 08:35:33 AM
 #20

Absolutely. There's nothing wrong with the concept of ICO itself. In fact, it is one of the most powerful economic innovations we've had in recent years.
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