Should ICOs be regulated

[Juggy777]

I strongly agree, investors should be protected, because without the crypto investor not going to live, investor trust in crypto must continue to be maintained, where when the system can be used, it looks like investors will feel happy and relieved, not afraid of being exposed to fraud again

I feel Ico's should be regulated for the safety of it's investors as many Ico's have turned scam, I feel this has severely dented investors confidence in the crypto market. I would like to see a separate body formed for the regulations of Ico's, and one whose rules apply to all countries otherwise it would be difficult to prosecute an Ico's owner. It'll be interesting going ahead to see who's the regulator, and under which regulations can the Ico's owners be prosecuted.

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[syypro]

On the same G20 decided to regulate CryptoWorld. This also affected ICO. Many countries have already tightened the conditions for the ICO. And I think that's right.

[grifinmch]

This will be a good regulation if it can be realized. investors need to comfort and freedom to invest with what makes them interested and of course, they need protection for it. of course everyone knows that a lot of investors getting a little fear in selecting ICO naturally because it is caused by the scam that is quite a lot going on on the field of crypto.

[bennypagulayan]

I do not care anymore, because now I fear the crypto market is collapsing, maybe in the future, the market will no longer exist ICO because no one dared to invest in ICO half.

[Bitknick]

I agree.  The body that should regulate ICO is undoubtedly needed, only there are fears that such bodies will tighten the nuts so that it will not be beneficial at all!

[audyearls]

indeed it is a good idea to reduce the level of the ico project that is scam, but maybe no one will be able to be part of the responsible body, because the responsibility is very large and also when there are still scams of ico projects they have to return investment money from investors who invest in the scam project, according to me it will require a lot of capital.

[coaprotet]

ICOs market brings a lot of chaos in the crypto currencies industry. There are too many projects that are simply fraud and that are trying to scam people here. We need some kind of a regulation to protect ourselves from such ICOs.

[Simayi]

I think the ICO market is in great need of legal supervision because I think this year's bear market is caused by ICO fraudsters! They have caused countless investors to lose their property!

[nebuch]

The rampant scams in the land of crypto made crypto dirty. They are the person who are trying to say leave crypto immediately as long as you can because there is a chance that you are the next victim. However, they are also the reason why we need not to be lazy. ICO's doing their best to regulate their own business boundaries as much as they can that is why there were project that change the terms and rules such as from no need KYC into KYC IS A MUST.

[deviltasha]

I think they should be definitely regulated, as there are a lot of scams on the market, and this damages the crypto market.

[ausbit]

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?

That is a good idea! There are also platforms that minimize such risks associated with some projects failing to meet their expected goals; still using smart contracts. But the funny thing is that they are also ICO-oriented.  
I am in no way associated with this platform but i think they have a nice offering,W12.io

There is a fine line between regulating an ICO and regulating the coin itself. If there are regulations about what a company can offer to its customers that's still valid, I think all of these ICO's should be registered with some government ministry in order to show us that they are definitely legit.

However if there are regulations like "There can't be more than 210 million coins" or "institutions can't have more than 50% of the minted coins" and whatever like that which basically deals into the coin itself than that's bad. We should make that difference clear and show that the possible regulations that help the customers and the possible regulations that basically takes control of the coin itself are both "regulations" whereas one is really needed while other is horrible.

[tuthienloc92bk]

yes, ICO should be regulated by a regulation that can provide guarantees to investors for every fund invested.

and have read about STO, in my opinion this method is indeed the right choice to avoid fraud. The SEC that regulates all regulations makes investors safer. so I support STO.

I have to lose 3 minutes to read many replies and your reply is the first mention STO. I think STO has solved all problems OP giving.

[Screamshot]

Ico has been bastardise by scammers something that was once a good thing and an introduction for new coin has turned to become a death trap for investors and partners. Well I would support regulations on ico this would help limit the scam rate

[Bessta]

With the proliferation of many scammers Regulation is much needed for protection or safety net of the investors. It gives assurance and peace of mind. It will somehow minimize the number of scammers and lessens investment risks.

[feelideb]

ICO phenomenon is dying down due to massive misappropriation of funds and the fact that there is no regulation for accountability. Many have misuse the opportunity that cryptocurrency provides. I think some form of regulation should be introduce but I still want the cryptocurrency ideals to be prominent in ICO funding going forward!

[wizardcrypto]

Too much ico that pop up last year and this year is what result to the regulation anticipation of Crypto asset. Lot of people funds that they work for years that invested in ico where all stolen in their very eyes. If ico are regulated it will definitely reduce fake ico. And also institutional invest will be able to enter the crypto market knowing fully well that their investment is secure.

[EdenHazard]

That is really needed, a regulation can make most investors calm to save the money they spend. When an ICO is regulated it is likely that a scam project can be removed because for each developer who will announce their project will be strictly selected. However, when a regulation is functioning, there will be something that some investors don't like. They don't like KYC, cryptocurrency must remain anynomous, which is a reason for some investors who don't want regulation.

[MikeyVeez]

Last year I thought that decentralized market should be without any regulations, now I have changed my mind.
ICOs and impatient investors totally destroyed this market. We need regulations to protect investors because in world of anonymity it is so easy to create a scam project.

[bitcoindusts]

Last year I thought that decentralized market should be without any regulations, now I have changed my mind.
ICOs and impatient investors totally destroyed this market. We need regulations to protect investors because in world of anonymity it is so easy to create a scam project.

Funny how decentralization sounds great but behind that, due to unregulated things, most scam and fraud flock in that territory.  Since they exploit the idea of decentralization, they think they can get away with their illegal activities/  With lots of scams in unregulated ICO, I believe SEC should step in and regulate ICO for the investors sake.

[dainoran]

Of course this must be arranged to protect investors' money from ICO fraud, if it can be managed, investor confidence in other ICOs can increase, and crowdfunding activities will run well.