DO WE NEED TO REGULATE ICOs?

[Mrcharles]

In my opinion, regulation of ICO would be a great idea. One of the most challenging issues about ICO is the prevalence of scam projects and this has lead to the distrust of investors. Most ICO's barely meet their soft cap because investors are not willing to loose their hard earned money to scammers, but with some extent of regulation, the cryptocurrency space would be sanitized and investors confidence could be restored.

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[Saisher]

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

I don't know about the concept of master nodes but I think it is late to implement that, and besides everything in ICO is open to corruption and manipulation, why not just a lesser evil in IEO, exchange is the one regulating it and investors can see the result fast and easy, just pick the right exchange for IEO to invest.

[jcarlo]

In my opinion, regulation of ICO would be a great idea. One of the most challenging issues about ICO is the prevalence of scam projects and this has lead to the distrust of investors. Most ICO's barely meet their soft cap because investors are not willing to loose their hard earned money to scammers, but with some extent of regulation, the cryptocurrency space would be sanitized and investors confidence could be restored.

The ICO should be regulated by the government to protect investor funds from fraud. Many governments have started collecting taxes from cryptocurrency and the government should protect investor interests in ICO matters. Indeed, at present many projects choose IEO but IEO also needs separate regulations from exchangers because IEO is a new project.

[b1boy]

Regulation for ICO is particularly required and there must be an Agency that has the assignment of checking. With the presence of the Agency, it is sure that phony ICOs and individuals who will submit misrepresentation can be lost. What's more, everybody will think that its simpler to contribute with the goal that they can give enormous benefits.

[Redemption59]

Truth be told, ICO's needs to be regulated in other for it to survive. ICO's are really dying out since IEO's came and this is happening because most investors are no longer interested in investing in ICO's but rather IEO's. For ICO's to be able to survive, it needs to be regulated and I think this will make most investors reconsider joining ICO's.

[MaiQwaN]

If all traditional and modern financial institutions and instruments are in regulatory mode, then why not regulate cryptocurrency token sales. Especially if the main reason is to protect investors from fraud.

[Adelek15]

Numerous ico are doing trick and gathering eth from the blameless financial specialists who are imagining that ico will give the tremendous returns later on however these ico are making trick the speculators and fleeing frontier  the market and speculators can not make any move against the con artists. Along these lines, Ico must be controlled and authorized from SEC. Other insightful don't offer consent to go into the crypto showcase.

[salty]

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

I am not against regulation in principle,but alas, everything is very difficult in my country.To do everything according to the law it is easier for me to simply refuse to invest.When the industry ripens, then it will be possible to talk about regulation. Until this is premature.

[fortunecrypto]

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

If there are ways for scammers to scam people they are going to use that, let's admit it ICO has become a ground for scammers, because they feed the greediness of some investors, these scammers launch fake ICO using whitepaper from other projects, and photoshopped from linkedin and make it appear a legit project, it's hard to catch them now, this is the reason we need regulation.

[Kvalentine]

With crypto regulations scammers will have no choice but to evade getting arrest by finding their way off cryprto space,regulation is the answer to almost 90percent problem facing crypto space entirely,like hacks and scams ICOs,Con artists in crypto space will face panel

[bitcoinposts]

we defintely need to regulate icos but ico regulation make take time so we should work more on new rules from exchanges to prevent fraud

[asder250]

We need the regulate whole crypto industry. That is true, without it we can´t think about the mass adoption. That is why many crypto experts are positive about Libra because Libra brings attention to cryptocurrencies that they need regulations!

[ganeshramk]

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

Well, regulation is much needed in this field. But question is how? SEC is struggling hard as we understand from their status quo on making decisions. If regulations don't come in, then crypto field would be completely vanished soon.

[Deeshawn]

Yes, Ico needs to be regulated, this will surely control issues related to Ico scamming and this will definitely lift cryptocurrency to the next level.

[cudora]

Yes we do need to regulate token sales, because the amount of scams in this industry is just horrific. Every third ICOs is ending up by disappearance of creators with a lot of money and this is it. We need to sacrifice our privacy to reduce the amount of scammers.

[EXtremeAEX]

Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

I think yes. Perhaps this is the only area in the crypto market that I consider acceptable to control. Due to the fact that almost any group of people who know how to deceive investors can conduct  ICO, this should be under control. Today there are many projects that deceived their investors and don't bear any responsibility to them.

[Redemption59]

On a brighter note, I will also say yes, ICO's needs to be regulated. ICO's are gradually fading away from the crypto world since IEO's came. The only way ICO's can rise up and compete or survive is for it to be regulated. Without regulation, it will be very difficult for the masses out there to invest in ICO's whiles IEO's are there. ICO's should be regulated to bring mass adoption.

[Distinctin]

On a brighter note, I will also say yes, ICO's needs to be regulated. ICO's are gradually fading away from the crypto world since IEO's came. The only way ICO's can rise up and compete or survive is for it to be regulated. Without regulation, it will be very difficult for the masses out there to invest in ICO's whiles IEO's are there. ICO's should be regulated to bring mass adoption.

I hope it is not too late for ICO, if in case it will be all regulated, IEO that time will already very popular and I think people will still stick with IEO, unless they still offer limited number of projects like they did now.

Compared to the time where ICO was still popular, it was able to attract a lot of investors, maybe if we will compared, ICO can create one thousand project in a certain month while IEO can only create like 200, so it's like in every 100% IEO only creates 20%, that is because of the small number of exchanges where people trust to put their money, and only few IEO are being created in good exchange in a monthly basis.

[reality18]

Due to the reported issues of scam ICOs, many investors have refrained from ICOs and in order for ICO to resume their previous market status of success, regulation must be put in place. For ICO to compete with IEO, ICO must be structured and well regulated as IEO. This will be achievable if bodies are set aside to check the authenticity of an ICO before they are allowed to come to the market - here, the collection of personal and professional data of the team must be paramount.

[senin]

ICO activities must be regulated. This should have been done a few years ago, then she would not have come into such a miserable state. First of all, ICOs need to be regulated organizationally in order to get rid of such a high level of fraud in them. I hope that this will happen this year, many states are already preparing to adopt the relevant rules. Perhaps this can again revive this activity, since it is a necessary prerequisite for the rapid development of cryptocurrency.