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September 20, 2018, 06:18:45 PM |
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I do not think that the funding scheme known as ICO will disappear, because it has proven to be very useful in making this capitalization scheme accessible to the masses, but I have no doubt that the current system must evolve, and there must be a stricter regulation to protect investors from any possible fraud as we have seen so far, so I believe that measures such as KYC are an appropriate step towards that protection.
However, to the extent that the crypto market is falling to attract institutional investments and only speculators have been interested in put their money here, it is highly likely that this current tendency continues for long, which would mean a gradual decay in the ICO industry.
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