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Author Topic: We Need A New ICO Model  (Read 860 times)
Adecrypt83 (OP)
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November 15, 2018, 07:19:09 PM
 #1

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
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November 15, 2018, 07:32:16 PM
 #2

I would be very happy if you criticized the current system, presented a new one, which would have been deprived of the problems of the previous one. Everyone can criticize, but to write something new and improved is a very big work.
It seems to me that it is necessary for the project team to receive the investors' money for a while when it has completed the item in the roadmap. Many ICO projects now collect tens of millions of dollars. I only have a roadmap and after a year they don’t have anything, but only spend money for nothing!
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November 15, 2018, 07:40:38 PM
 #3

We need a model that gives investors rights in decision making of a project
We have a lot of projects already and if each investors will have the right to make more projects, you'll see a very crowded marketplace for these projects.

we need a system that will made project team to be accountable.
I agree on this.

This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene.



 

 

 

 

 

 


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November 15, 2018, 07:45:53 PM
 #4

We need a model that gives investors rights in decision making of a project
We have a lot of projects already and if each investors will have the right to make more projects, you'll see a very crowded marketplace for these projects.

we need a system that will made project team to be accountable.
I agree on this.

This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene.

I think there should be a way the industry can go about it without relying on a centralized organization like SEC, I think if DAICO concept can be implemented it will go a long way in bringing more sanity to the ICO market.
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November 15, 2018, 07:47:38 PM
 #5

Agree with you, but if you had a good new model of ICO, it would be nice. Because so many scams in there, and it so annoy thing.

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November 15, 2018, 07:48:11 PM
 #6

Vitalik proposed a new model called DAICO, which attempts to address some of these issues, have you looked into it?

Here's an explainer: https://cointelegraph.com/explained/what-is-a-daico-explained
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November 15, 2018, 07:56:40 PM
 #7

The only thing that can be added to an ICO to make them more accountable and transparent is regulations, if it is not implemented in ICOs, things would remain the same.

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November 15, 2018, 08:18:36 PM
 #8

Agree completely that there are too many problematic moments with the ICO process. And this direction should be transformed in some way, because of scammers, team that do nothing for developing the project and other factors influence on the whole process mostly in negative way. And we all need some changes, but the idea of ICOs is good for collecting money for the project especially when you do not have enough assets to develope your creative idea.
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November 15, 2018, 08:34:36 PM
 #9

We need something new, and ico looks chaotic with some fraud and the project failed.
there must be new rules in ICO so investors are interested in investing. I am worried that I will eventually disappear.

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November 15, 2018, 08:38:26 PM
 #10

It would certainly be great to get a new ICO model, especially under conditions when interest in projects has faded dramatically. But to offer something really new and, if possible, satisfying the requests of all parties interested in the ICO, is almost impossible. Too different from all the views on this problem. In the near future, we are unlikely to see something new.
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November 15, 2018, 09:02:14 PM
 #11

I also fully agree with this opinion, because at the moment the ICO does not bear fruit and for the most part it is because of scams. If there was only some good projects, then they would and a hard cap would be collected and the decline of the cryptocurrency market is not so much would have affected the lack of investors.

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November 15, 2018, 09:08:33 PM
 #12

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
Your thought is good, but how do you make the implementation of such a model a reality and who will monitor and control the market for ICO projects? Of course, this market has its negative sides and at the moment the ICO market is experiencing very hard times, but in this way, it is undergoing changes right now and possibly, after stabilization of the overall market situation, the situation with projects and inventory will improve.

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November 15, 2018, 09:15:09 PM
 #13

The problem also is that as startups, plans change and it's important to be able to pivot or be agile, so any kind of strict governance on deliverables may not necessarily be a good idea for new companies, as it traps their roadmap and creates this kind of internal incentive structure that may not be aligned with the success of the company long term.

I think things like a reverse dutch auction, where at least the initial buyers and late buyers lock in the same price at the end of the ICO is at least a fair model to mitigate dumping from the earliest investors.
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November 15, 2018, 09:22:04 PM
 #14

Vitalik proposed a new model called DAICO, which attempts to address some of these issues, have you looked into it?

Here's an explainer: https://cointelegraph.com/explained/what-is-a-daico-explained
hopefully the new system will really bring change to the ico market. as currently operated the ico, just is not good. a change is urgently needed.
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November 15, 2018, 09:25:23 PM
 #15

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

These are some of the issues regulation would take care of if it comes to fruition. Also I think there are many projects where holders of the tokens make decisions by voting.
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November 15, 2018, 09:41:58 PM
 #16

ico project launched is make me boring, i think other investor have the same think like me, we need more innovative ico in future with great mision

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November 15, 2018, 09:45:18 PM
 #17

Not just a model. Another ICO with the best features of all.
I mean the one which everyone will look  up into and also those aspiring ICO project starters.
It was garbage right now. They just keep on creating over and over again without even searching if one ICO already have the same feature.

Something Unique is a must. It must be something that will blow the minds of investors.
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November 16, 2018, 03:39:35 AM
 #18

I think there should be a way the industry can go about it without relying on a centralized organization like SEC, I think if DAICO concept can be implemented it will go a long way in bringing more sanity to the ICO market.
I've heard of DAICO and it was suggested by Vitalik, I think this is pretty good.

Actually there are many other ideas that are given by investors too. But if its going to be better than the current ICO system, you guys should look at the most important part and that is investing to the trustworthy ICO and people that are running the ICO. I understand the need of having no intervention with a third party / government agency.



 

 

 

 

 

 


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November 16, 2018, 04:37:07 AM
 #19

We need a model that gives investors rights in decision making of a project
We have a lot of projects already and if each investors will have the right to make more projects, you'll see a very crowded marketplace for these projects.

we need a system that will made project team to be accountable.
I agree on this.

This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene.
That can be done by the regulators. we have no chance to do something. But if the core developer of tokenization platform can try to put more restriction to create asset just like it must be verified by the regulators and sounds look so good for me personally. That was i thought about that.

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November 16, 2018, 04:41:53 AM
 #20

I think STO can be the new model of token sale. If you see eye to eye with me, please discuss here https://bitcointalk.org/index.php?topic=5057671.msg47887063#msg47887063 Cheesy
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November 16, 2018, 04:52:24 AM
 #21

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
All this new can be realized only when there is government regulation of the ICO process. For ICO activities, strict rules of the game must be established, not permissiveness that exists today. For example, I liked the rules on ICO, which they want to introduce in Russia. There are certain rules for the initial capital during the registration of the ICO, and strict control over the financial activities of the ICO team, up to and including the targeted use of the funds raised, which are only accumulated through banks, and therefore fraud is completely ruled out.

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November 16, 2018, 04:56:52 AM
 #22

Yes this is really very important for the current ICO condition. This subject to be need to more research i mean we need to research what is the best way to conduct ico which is good for investors. In the current ico condition we already saw so many scams and lack of transparency. So we need to find more secure way to find the secure solution for ico regulation. Sto is also a good start for ico improvements.
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November 16, 2018, 05:14:06 AM
 #23

That can be done by the regulators. we have no chance to do something. But if the core developer of tokenization platform can try to put more restriction to create asset just like it must be verified by the regulators and sounds look so good for me personally. That was i thought about that.
The first concern should be the investors, they have an option to pursue or stop their participation to that project.

As said by the person above who replied to my post earlier, having an intervention from the government is no good for those that doesn't want them to get involved. But for investors, having them is of a good purpose and protection.



 

 

 

 

 

 


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November 16, 2018, 05:19:52 AM
 #24

I think it is necessary to select a project before being able to take part in the ICO. At present everyone can make tokens through the Ethereum platform and can do ICO to raise funds, If it is not stopped, there will be more and more scam and fraud projects.

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November 16, 2018, 05:20:51 AM
 #25

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

This is like what I am thinkin about. In my dream, next time there will be a platform that bridge between ICOs and investors, and the platform has many feature, like ICO rate that is rated by investors themselves, has an automatic lock ICO, I mean that if something suspicious happen, and some investors report the ICO, so The Investors money will be locked and refunded to investors automatically, etc.

Maybe this is just my dream, but I hope someday this can be happen
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November 16, 2018, 05:28:20 AM
 #26

I think STO can be the new model of token sale. If you see eye to eye with me, please discuss here https://bitcointalk.org/index.php?topic=5057671.msg47887063#msg47887063 Cheesy

STO actually came to my mind while reading the OP's post.
---
Other than DAICO which was proposed by Vitalik, I have not read or heard any good suggestion yet. I think SEC might be the one who will ultimately set a new ICO model as there are no other regulatory bodies handling such. 
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November 16, 2018, 05:42:21 AM
 #27

I recently read that one of the developers of the contractor erc-20 proposed the RICO model, that is, return ico. according to this model, your investment can be returned at any stage of the project development.

 
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November 16, 2018, 05:51:50 AM
 #28

It is indeed over due as the ico method is really not helping the technology at all , we need some king of restructuring in the smart contract and a regulation board that will make sure all things are in line with the business law and will give a kind of assurance to investors .

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November 16, 2018, 06:59:44 AM
 #29

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Could you suggest any project or any commodity that is really feasible to the masses that the idea is new so that many people will be attracted to invest into that ICOs including me. I think it is very easy to say but it is very tought to make it into reality.
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November 16, 2018, 07:04:49 AM
 #30

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
And it is possible to go further and so that it all develops with the direct participation of investors, and not just invested money and wait. Ie make yourself money yourself with your own hands, and do not rely on the team, white paper. Business does not tolerate such connivance.

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November 16, 2018, 07:29:08 AM
 #31

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
I think you are talking about the ICO concept that already exist or DAICO , recently several ICOs emerged to organize the collected funds like ICOVO  and W12 which decide whether to refund or go on with the roadmaps.
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November 16, 2018, 07:30:20 AM
 #32

In order investors believe again in the ICO of projects, first investor should be insured from losses of his or her assets in case the project appeared to be a scam.
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November 16, 2018, 07:37:24 AM
 #33

Everything is described correctly, but who can force developers to report to investors? We do not have such a body as a board of directors, which will defend the rights of investors.
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November 16, 2018, 07:37:46 AM
 #34

We have a new ICO model already. It is called DAO. This standard of tokessales was introduced by Vitalik Buterin in order to allow investors to get refund if they don't want to take part in this ICO anymore.
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November 16, 2018, 07:46:17 AM
 #35

I think the model includes several aspects:
1. Let the project team do open work safely after receiving funds
2. Investors'rights and interests need to be protected
3. Need to be regulated and prevent fraudulent projects


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November 16, 2018, 07:50:03 AM
 #36

I think that it is worth implementing a kind of investment insurance to guarantee the return of funds and cover losses in the event of an asset depreciation.
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November 16, 2018, 07:55:04 AM
 #37

A new form of ICO would take more time for implementation, I think.
But that also a good idea, cause it will be able to minimize the potential of cheating from many side, due to the unfamiliar way of doing ICO

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November 16, 2018, 08:00:29 AM
 #38

Very good advice, but it seems impossible, I don't know if you are involved in forex trading, although it also has a lot of guarantees, but there are still many scammers!

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November 16, 2018, 08:02:22 AM
 #39

We are getting a new model. Security Token Offerings with voting rights are going to replace most ICO's over the coming year. They will be just like buying shares and will make the tokenholders the owners of the business with the power to replace the directors if they are doing a bad job. All part of the ongoing maturation of crypto markets as they replace traditional ways of building and funding business.

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November 16, 2018, 08:14:12 AM
 #40

we need a system that will made project team to be accountable.
I agree on this.

This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene.
one side of the SEC can be helpful to provide a container to define this problem out ICO. but the other hand they can also make this to be difficult. but the obvious indeed investors needed a safe place to be able to express freely from the investments that they do. When only always meet a scam then it could be that investor confidence will be lost and the ICO into something worse to follow.

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November 16, 2018, 09:39:01 AM
 #41

I agree, this could be increase the investors trust and maybe could make more investors come to put the fund, we need a good system or something that can decrease or eliminate the scam chances by the developers, the problem of ICO lies in trust and too many project that got the same feature
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November 16, 2018, 09:44:09 AM
 #42

I think STO could be a new model of ICO. When the trust of ICO is questioned, the new type of token sale which gives buyers the trust will attract the attention from buyers
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November 16, 2018, 09:46:00 AM
 #43

well maybe if every country's regulation on ico and crypto starts to run there will be protection for investor funds and only ico and official companies that will run, and we will avoid fraud

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November 16, 2018, 09:50:52 AM
 #44

The solution to this issue has already been voiced by the developers of erc-20 and the system of smart contracts.
The function of returning finances will be realized.
I presume on the means of voting, therefore monitoring of the receipt of finances will be introduced.
You can also add a mandatory registration in the sec, and the mandatory moderation by the network eth.

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November 16, 2018, 09:54:09 AM
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I think the main problem with the current model is it's impossible to tell whether or not a project is a scam. It could have a revolutionary working product that could massively benefit the crypto-sphere but people's paranoia could potentially prevent it from ever coming to fruition, which is dumb.

Maybe someday soon AI will be able to provide a scam-o-meter of sorts and analyze which ones are worth paying attention to. Either that or an escrow system where they agree to give you back their money if the project doesn't reach its goal.
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November 16, 2018, 10:36:22 AM
 #46

I have seen some new models like ITO and TGE , Some of the models dont have any token sale , they just airdrop their tokens so that they prevent whales in their project.
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November 16, 2018, 10:42:58 AM
 #47

I think that it's better if investors do their homework well. They must really dig deep into the ICO they are investing into to support something that is really serious in what they do.

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November 16, 2018, 10:46:31 AM
 #48

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
Hell yeah, we really need a model that seeks the real need of a product with the use of cryptocurrencies, but when? I guess this would happen if people (investor,trader and holder) is not greedy anymore, why? Guess what scam ICO's are made of, simply the greediness lies on them, there will be no victims of scam ICO if we are just responsible enough and observant at the first place.
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November 16, 2018, 10:48:34 AM
 #49

The presejt ICO system for raising and managing fund is not sustainable, peoppe investing want to be sure that they are not just giving their money  away, they want to see their money working on what the project is all about and they want to have a say. AnyICO that can guarantee thiese right and more would be preffered!

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November 16, 2018, 10:52:41 AM
 #50

I think that it has already been created, we just need to integrate the smart contract, which today will not give all the money to the developers, but will pay this money after the DAO vote, that's all you need to do
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November 16, 2018, 11:06:33 AM
 #51

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

I agree with you we really need something more reliable and credible, these ICO ratings are not helping the industry, in fact, they are ruining the industry by giving paid reviews, they are not to be trusted anymore, just look at that fraud ICO they have a high rating in their sites.


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November 16, 2018, 11:20:53 AM
 #52

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

It sounds difficult. If every investor has the right to decide, it sounds like a vote by shareholders. If so, then most probably the most loyal holder is the publisher. It is no different than the normal project ...
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November 16, 2018, 11:25:08 AM
 #53

What is more fundamental in ICO model is the seriousness of the team, if the team are real and committed to what they said they want to do according to the whitepaper and roadmap then these topic wouldn't have come up because every vacuum will have being filled, meaning there wouldn't be any stone left unturned after all opportunity and advantages have been leverage on
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November 16, 2018, 11:40:25 AM
 #54

If changing the ICO system is better to avoid fraud and losing new models need to be implemented so that more investors enter comfortably not to be afraid of fraud

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November 16, 2018, 11:43:56 AM
 #55

I think there needs to be  strict regulation more than just new models. The regulation by some industry lawmaker will have to make stiff laws so that only vLid coin which have intention to be listed just enter the market. It will make reduce investor fear

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November 16, 2018, 12:12:14 PM
 #56

Yes, I quite agree with you. There is an urgent need of a new ICO model with more unique projects if this industry will continue to thrive. We need a new model that will be able to curb the activities of scammers and also protect the intetest of investors.

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November 16, 2018, 07:38:04 PM
 #57

Will it be as effective and profitable as the current one? No one can prove that until they invest the money themselves. ICO itself is a risky direction, but a new kind ...
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November 16, 2018, 07:40:35 PM
 #58

I think STO could be a new model of ICO. When the trust of ICO is questioned, the new type of token sale which gives buyers the trust will attract the attention from buyers
STO is a different model than the ICO, and for the project to implement STO is much more difficult than ICO. So I don't think STO will replace ICO in the near future

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November 16, 2018, 07:49:14 PM
 #59

I agree that we need a new ICO model but I think it's not easy Smiley. Of course we are having more new sources to create ICO like EOS or NEO but to create a new model, it's not easy. At the beginning it'll really difficult to attract investors cause everyone often afraid of investing in something too new Smiley)
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November 16, 2018, 07:50:41 PM
 #60

An ICO without regulation is that ICO of probability of scam hence there is need for a review on the existing protocol that's at work before now. A new ICO model would be nice if regulation will be accepted into it, as a start-up, hence a better ICO will be rebranded which will bring in good news to the cryptocommunity at large.
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November 16, 2018, 07:56:11 PM
 #61

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

It sounds difficult. If every investor has the right to decide, it sounds like a vote by shareholders. If so, then most probably the most loyal holder is the publisher. It is no different than the normal project ...
very difficult to solve this problem. each project must have the difference offered. but when talking about investors who are given more rights I think it will be difficult to solve because the crypto channel has similarities in the system between investors and others are not given many privileges other than the bonuses given when investing
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November 16, 2018, 08:01:07 PM
 #62

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

We need protection for investors and participants in bounty campaigns (they invest their time in the project). People need to be sure that their money will not be stolen. A mechanism is needed to remove fraudsters from ICO.

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November 16, 2018, 08:01:30 PM
 #63

ICO model which is in use is not effeective for investors and it is opend to manipulation from project owners. Community needa a new model that makes project team to be accountable.Do we reaaly need authority which will monitor and control the market for ICO projects? Because it also causes centralization.
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November 16, 2018, 08:04:03 PM
 #64

Scammers kill interest in investments. We need sites that could guarantee the safety of funds. Now the market needs real platforms that can take responsibility for keeping promises to investors
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November 16, 2018, 08:26:14 PM
 #65

In 2017, ICO spree suffered, while many projects undermined the investor. In 2018 the situation is worse, almost all of the ICOs are unsuccessful and harmful. I agree with your opinion.
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November 16, 2018, 08:30:57 PM
 #66

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Yes, I completely agree with your opinion. This is the task of the regulator. That is why standards and rules for ICO are being developed. Now investors are not protected from failure. No one wants to risk it. And therefore, investments in projects at the ICO stage have been significantly reduced.
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November 16, 2018, 08:35:58 PM
 #67

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
Vitalik Buterin and his team come with the new ICO model - Reversal ICOs. This will be more safe solution for ICO investors, if ICO do not achieve plans, investors will receive their money.

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November 16, 2018, 09:44:34 PM
 #68

it would be decent , we as a whole need a few changes . I think there should be strict direction progressively that simply new modles to ready to check the activites of con artists and furthermore ensure the intetest of financial specialists
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November 16, 2018, 09:48:14 PM
 #69

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
The current ICO projects are created and use ideas from previous projects. Most ICO projects do not have real products, and they are only interested in making a profit for themselves and Try to meet the expectations that investors expect. The current ICO model has too many shortcomings, and it needs to change.

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November 16, 2018, 09:53:06 PM
 #70

You are right about your suggestion, but you didn't mention the new model and how it is going to work, maybe if you can draft such a new model and post it, most people will start using it. So i will suggest you draft the new model and make available.
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November 16, 2018, 10:00:16 PM
 #71

In fact, all the ICOs are going down  below ico price as soon as it gets listed on it's first exchange, is it a coincidence? I do not think so, the market is following the same pattern everytime.

What if they improve a little bit, if we do things by a different way? maybe that is the only way in that we are going to see a change after that.

But no one knows what can happen, i won't invest on icos during this year anymore.



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November 16, 2018, 10:07:39 PM
 #72

Most of the projects created for quick money making. 90% of projects do not need such large sums as they ask. 90% of altcoins are garbage and are created only to enrich their owners.  The ICO market will regain confidence only after the arrival of regulators.
Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
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November 16, 2018, 10:07:53 PM
 #73

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project,  
We can't deny the fact that developers are abusing on making projects or using ICO to scam people and in crypto it is very hard to regulate that kind of scenario. Government intervention would really help on minimizing these abuses but it would also defeat the purpose of crypto which is decentralization. For now, it would be safe if you would invest only on the top coins and avoid ICOs pending those requirements you mentioned above.
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November 16, 2018, 10:11:24 PM
 #74

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

The idea is good because it has somehow an assurance if something is not right during the creation of project. But I doubt about it because this is business, by simply means owner must be able to gain profits than the users.
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November 16, 2018, 10:14:24 PM
 #75

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Actually that should be it. Investors being protected from the start. Who else would just throw away their money without even knowing what they are going into? That is a fools decision.
But it will also be better if they meet halfway. Right now it is just investors who needs to go through resesrch just to find out whether an ICO is a scam or not.

Scams will always be there but that is right we should help each other to throw them away and let the good ones stay where investors will just need to pick what feature of an ICO best suits them.
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November 16, 2018, 10:17:08 PM
 #76

I think the ICO is becoming worse without positive change. I hope that it needs a real change that will make things better and break the existing ones. The blockchain is the backdrop for the future, but it currently offers too few real-world applications.
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November 16, 2018, 11:27:44 PM
 #77


I think there is no need for different model but for improvement of the existing one. ICO sector need regulation
for sure. That way we would attract the institutional investors to the market and it could be a game changer.

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November 17, 2018, 08:02:07 AM
 #78

What is the main problem of the existing model? I personally do not like fraudulent projects, but it is often not the fault of the model, and the people and my not good enough analysis.
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November 17, 2018, 08:36:15 AM
 #79

you can't change the fact that ICOs are useless and investing in them is a big gambling game. so no matter what you come up with, in the end ICOs will remain the same useless tokens that get pumped and dumped a little before they die and many of them fail in their infancy as more people realize how bad they are and how risky like a gamble these things are.

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November 17, 2018, 08:38:04 AM
 #80

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?


theoretically you're right, in practice how would you do?
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November 17, 2018, 08:42:03 AM
 #81

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

I think the time will come and we will come to exactly this form of the project, when the money for promotion will be allocated to the team as the road map is completed. Thanks to this model there will be fewer scam projects.

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November 17, 2018, 09:09:38 AM
 #82

It can't be deny that almost ico project that has been done for whole year of 2018 are scam ico project campaign.
Only few of them that could be say are good were after their campaign they've sent the token to all their participants for them to compensate, then some of them extend their campaign or has been paused. But even is like that I still believed in the ico Cheesy
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November 18, 2018, 09:27:24 AM
 #83

We really miss the new model of work with just appeared projects, which are full of enthusiasm, but will burn or simply will not reach the final stage due to the bad market situation.
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November 18, 2018, 04:34:20 PM
 #84

It is a great idea, but it is going to be very hard to release, because the teams at the moment are the only one that decide what should the project do. But on the other hand I have already seen some ICOs that made a community votes for further decisions.
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November 22, 2018, 06:27:15 PM
 #85

the SEC USA is working on a new ico model. I think the time of high-quality ICO will come soon. no scams
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November 27, 2018, 01:46:14 PM
 #86

I am quite satisfied with the current model of ICO. It's easy to make money on. All you need from us is to find a good and promising project that will give a large percentage of profits after the launch.
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November 27, 2018, 01:52:49 PM
 #87

I think that there will be a regulated body that will give a license to conduct ICO. Those who have not received permission and will conduct ICO, they will be criminally punished

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November 28, 2018, 12:25:45 AM
 #88

there should be a new ico that supports a real project, for example in the field of automotive or food, so there is a real form and payment in making transactions of these items can be done with the token. surely it will attract more investors because of the function of the token.
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November 28, 2018, 12:47:35 AM
 #89

We really need one, we all thought these ICO rating can help us choose the right project to invest but there are connivance going on we need strict regulations because it's harming us all here investors, bounty hunters and the whole community as well this should be stopped.

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November 28, 2018, 01:57:43 AM
 #90

 The government in all countries should be able to immediately participate in the crypto so that they can regulate the making of the ICO so that in the future there will only be ICO projects with good and potential teams.
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November 28, 2018, 02:03:29 AM
 #91

I am quite satisfied with the current model of ICO. It's easy to make money on. All you need from us is to find a good and promising project that will give a large percentage of profits after the launch.
You are lucky finding the right ICO but even if you are so careful in investing in ICO there are still a lot of ICO that will prove to be a failed investment or a wrong one, there are legit ICO but they are having a hard time getting funded because of the majority of investors lost trust in some ICO.

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November 28, 2018, 02:08:42 AM
 #92

wait for the ico model that is certain and not a scam, because a few months ago there were a lot of scams that took place without participation at all.
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November 28, 2018, 02:18:18 AM
 #93

ICO capital of yan there felt pretty monotonous. impress has a similar concept to one another and often makes the project failed. so I guess it is necessary new capital, at least the new concept that could become a differentiator and can attract lots of investor in it.

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November 28, 2018, 04:09:52 AM
 #94

The system is now too loose for SCAMS to raise money and run away. I think it is necessary to create a new model where there must be tight management to avoid damage to investors.
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November 28, 2018, 04:17:52 AM
 #95

For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Sounds a lot like Security Tokens that grant ownership rights or equity in the project just like owning shares in a company. This model is looking like it will be the replacement for ICO's in 2019 with many people currently building security token platforms. The problem is that some of the legal aspects around ownership through tokens have not been fully fleshed out, but this is definitely the direction of travel.

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November 28, 2018, 07:09:05 AM
 #96

This kind of problem is more than just thinking about it. The founder of Ethereum is the one who cares most about this issue. But this is usually very difficult. Great things are usually limited. Maybe you can find out about STO.

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November 28, 2018, 07:16:47 AM
 #97

In fact, IOC does not need to change any mode. We only need ICO to be legally regulated, and all ICOs must be approved before they can go public!

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