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Author Topic: Should ICOs be regulated  (Read 24152 times)
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February 09, 2019, 10:36:59 PM
 #441

I really agree with that, I really hope that such a system is immediately created and implemented because otherwise the ICO will not be something interesting anymore, even it will be a frightening specter for everyone.
all developers must be given the responsibility so that they really want to run and succeed their concepts instead of looking for money then just leave

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February 09, 2019, 10:46:53 PM
 #442

Regulations must be made to regulate ICO so that the number of frauds can be suppressed. But this will certainly be difficult because Crypto is still a problem in every country. My point is that Crypto has not been approved by the government. However, there must be an idea about the formation of the Team that audits each ICO.
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February 10, 2019, 06:26:31 PM
 #443

Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the  founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I think it is possible to regulate ico, especially if the project is worthy and wants to show itself from a strong point it will pass any checks , and the investor will also be sure of it for all 100%

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February 10, 2019, 06:50:27 PM
 #444

Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the  founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I think it is possible to regulate ico, especially if the project is worthy and wants to show itself from a strong point it will pass any checks , and the investor will also be sure of it for all 100%
The very first problem on the ico company market is the presence of fraudsters that affect the amount of investment and advertising of all projects. Practically, most users of cryptocurrency and because of this do not want to participate in any capacity on the ico market of the company.
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February 10, 2019, 07:38:01 PM
 #445

I think the ICO must be strictly regulated. because ICO is now a lot of fraud cases. with the existence of regulations that apply ICO fraud can be prevented. I support future regulations regarding ICO.
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February 10, 2019, 10:24:10 PM
 #446

Regulations must be made to regulate ICO so that the number of frauds can be suppressed. But this will certainly be difficult because Crypto is still a problem in every country. My point is that Crypto has not been approved by the government. However, there must be an idea about the formation of the Team that audits each ICO.
Separately, each country will play by its own rules, which will further hinder development, we need a single organization and rules, maybe then something will happen

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February 10, 2019, 10:41:52 PM
 #447

There shouldn't be an exception, all upcoming crypto project ICOs, ought to pass through rigorous checks and rechecks before they can be allowed to hold. The project team needs to be validated and cleared before proceeding with the token sale. This is to install accountability on the part of all those involved and to also boost the confidence of intending investors.
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February 10, 2019, 10:58:20 PM
 #448

There are many ico now and most are scam. The best thing to be sone now is to regulate the ico market.  So that low quality ones will be shut down and real project will continue

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February 10, 2019, 11:00:54 PM
 #449

I think ICO should be able to be regulated, because it will provide comfort and security for investors in purchasing ICO, because really at this time the ICO is more towards fraud, so Investors are reluctant to contribute to ICO purchases at this time.

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February 10, 2019, 11:07:54 PM
 #450

Not at all. Regulation isn't for crypto industry, so ICO as a part of crypto industry shouldn;t be regulated as far as I see, it will lead to decrease of crypto incomes!

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February 10, 2019, 11:09:25 PM
 #451

Many ICOs are being regulated and many ICO already has taken regulation! For an example, Gigzi looks a very good project but they weren't able to raise much money, so they went for the regulation and now Gigzi is an STO project! They have a strong chance to be a successful project because of the regulation. So, ICOs should be regulated to make projects success!
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February 10, 2019, 11:36:07 PM
 #452

Many ICOs are being regulated and many ICO already has taken regulation! For an example, Gigzi looks a very good project but they weren't able to raise much money, so they went for the regulation and now Gigzi is an STO project! They have a strong chance to be a successful project because of the regulation. So, ICOs should be regulated to make projects success!
Regulations is not only necessary for a successful project but for the safety of the investors, with the introduction of ETH platform many scams started springing out and billions of dollars have being scammed through this way and if there was a regulation these sort of things might not happen, check out the projects which collected huge amounts of money, what are their situation now, many have shut down and there is a pattern for some time that they come up with the project raise a huge amount and then there will be no progress, these situations have to be changed and for that we need strict regulation in this market when it comes to ICO.
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February 12, 2019, 10:24:49 PM
 #453

Regulation for whole crypto market is a bad solution to my mind. In case of regulation we will stop gaining money.
You know, lack of regulation is something what I appreciate in crypto
That is not the reason why regulation is going to be bad for this market, it seems that everyone is thinking only on their own benefit and nothing more, regulations will be bad for this market because that is what this market is trying to avoid, bitcoin was created as a way to move your money without the need to ask for permission to any government or bank.
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February 12, 2019, 11:19:31 PM
 #454

I think is just a matter of timing before they regulate the ico problem is where is the regulations going to come from Are we to expect that from various countries or just some general regulation from a body The way i see it is better to have one general regulator than different rules from various countries that can hurt some project thriving in some regions

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February 12, 2019, 11:32:35 PM
 #455

Of course the ICO needs to be regulated this year, because it will downplay the fraudulent growth that often happens in a messy ICO, and when ICO has been given a regulation, I think it can increase security for Investos who will invest.
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February 13, 2019, 12:05:18 AM
 #456

I strongly stand by the regulation of initial coin offerings.
This is because it is too easy to scam investors through initial, coin offerings and this has become a reoccurring crime.
Doing ICO a lot of project teams have taken different means to fool investors into parting with their money and make their projects seem to be the next best project on the blockchain but with more regulation in which all the aspects of initial coin offering is carefully scrutinized before the fund-raising I believe it will drastically reduce the scams in this process.

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February 13, 2019, 12:52:28 AM
 #457

It is difficult to imagine that this sphere will have a future without regulation, how else to eradicate such a large number of scams, they are too much stuck to the pockets of investors

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February 13, 2019, 12:55:45 AM
 #458

I strongly stand by the regulation of initial coin offerings.
This is because it is too easy to scam investors through initial, coin offerings and this has become a reoccurring crime.
Doing ICO a lot of project teams have taken different means to fool investors into parting with their money and make their projects seem to be the next best project on the blockchain but with more regulation in which all the aspects of initial coin offering is carefully scrutinized before the fund-raising I believe it will drastically reduce the scams in this process.

Regulation is a complex term though. The community could find ways to regulate it themselves through the application of game theoretical solutions. It is not only about regulators as we know them.

We need to set higher standards when it comes to giving our money away. That's for sure.

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February 13, 2019, 05:08:47 AM
 #459

I strongly stand by the regulation of initial coin offerings.
This is because it is too easy to scam investors through initial, coin offerings and this has become a reoccurring crime.
Doing ICO a lot of project teams have taken different means to fool investors into parting with their money and make their projects seem to be the next best project on the blockchain but with more regulation in which all the aspects of initial coin offering is carefully scrutinized before the fund-raising I believe it will drastically reduce the scams in this process.

Regulation is a complex term though. The community could find ways to regulate it themselves through the application of game theoretical solutions. It is not only about regulators as we know them.

We need to set higher standards when it comes to giving our money away. That's for sure.
We cannot do that, we have the idea but the implementation of the regulation has to be coming from the government.
The thing is we are supposed to be independent and that is the essence of being decentralized, but our government won't allow us to operate, they
need to interrupt us to get a share of what we are making, they are greedy and that is what they are by nature.

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February 13, 2019, 05:34:06 AM
 #460

I support the regulations of icos because of many projects who has come out to scam investors. The best way to stop them is by regulation and so to answer your question,  they should be regulated

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