Should ICOs be regulated

[jaywizzy]

Yes! That will be the best option now if we wish to stop the scam most ICOs are causing these days.

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[Sanford]

There are difficulties with this. We want a high income and regulated palette. I think these two things are not related in place. Of course it is necessary to bring fraudsters to justice. But centralized coins will not give us much profit.

It is difficult to find the right solution in this situation.

[aldencio]

Of course, the ICO must be regulated and I hope this will happen very soon. This will give a new life to this ICO market.

well yes there would be a more secure world here if the icos were regulated by common people and i hope that will happen quite soon

[No Pain No blood]

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?

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.

[Benarand]

To some extent, regulation of the ICO market should be. The fact is that no one guarantees that after collecting funds the company simply will not disappear from cryptocurrency spaces. Therefore, minimal ICO regulation would be in place, even for the same bounty hunters.

[Ranly123]

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 should remain as it was, an anonymous kind of investment. In this way ICO can keep the privacy of their coins and the customer on whoever invest in their platform. If it was to be regulated, then investors would hesitate to join their project as to taxes is applied if regulated.

[Furious 7]

investors should get protection from fraud and various ico scams. very detrimental if this continues to be left, I am sure that slowly ico will disappear and investors are reluctant to invest in any project in the future.

[Avri Susanto]

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 should remain as it was, an anonymous kind of investment. In this way ICO can keep the privacy of their coins and the customer on whoever invest in their platform. If it was to be regulated, then investors would hesitate to join their project as to taxes is applied if regulated.

if their funds can be safe, in my opinion they will not question tax. the problem that we are facing right now is the high ICO scammers, and one way is indeed there must be a regulation if you want ico to survive.

[maxilopez]

I would very much like startups in this market to start to be regulated as there would be much less fraudulent projects

[kidbounty]

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?

if you see a lot of ico scams, isn't that really necessary. a regulation that can solve ico fraud problems is indeed needed at this time.

[ityandsyn]

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's why they require KYC  to all people involved just to solve the issue but maybe we are in the wrong directions as we submit our personal data of information but the  most  imprtants as we know is we have to find a way , maybe someday we can come up with the perfect solution for this problem .

[rickadone]

Regulations may give better results in short-term but we can be sure about what will happen in long term as this may kill core concept of entire crypto-currency world; decentralization. The high level of scam you have mentioned could be avoided if you do your own research and analysis. Hence, asking for regulation is not good in my opinion.

You got everything right. But, most people here are not ready to spend their valuable time for their research and analysis but relying on other people for choosing bounty programs or else coming here for regulations and other things like getting paid from bounties in BTC or ETH. Both in short term and long term, regulations will kill this healthy environment. It means the real people who are all having very good concept but not having enough funds definitely will get affected due to regulations.

I would very much like startups in this market to start to be regulated as there would be much less fraudulent projects

You can easily avoid those fraudulent projects if you are aware of few methods on how to filter out them. That is not a big science but no one here is ready to learn those methods but asking for something impossible nor something completely against our crypto world. Really shocking .

[bummm]

IMHO, ICO regulation is mandatory. It will make things much safer for people who invest money in ICO campaigns. Of course, ICO founders will have to spend additional costs and time to comply with regulatory requirements, but still it will bring many benefits for the investors.

[Hanebel]

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?

Regulation is good but there should be a proper step on it. I may not know exactly what are these but I hope it includes requirement to full background check each team member and hold a certain amount of money from the team by the regulating body.

[Bittalk12]

Those scam and worthless ICO are the root cause why we are experiencing this red market and why cryptocurrency still unable to be regulated properly. It is time for them to be regulated seriously to protect its investors and also to avoid creating repeated projects with the same concept. Honestly, we no longer need any more altcoins. It is time for them to start supporting existed altcoin for a better future.

[felissss500@gmail.com]

the fact that there must be some body or commission that can regulate or certify projects is very logical, the number of fraudulent projects would be reduced by several times.
and investment would be less risky that would attract new investors

[okeanos]

Indeed we need some regulation for ICO. People are not aware of the scams that causing a lot of loses. Moreover this regulation ought to be not so strict which can help development of new projects faster.

[CaptainKid]

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?

This is a good idea, but how to implement it and who will take on such responsibility? At the same time, if there is tight control for projects, it means for investors, too, so you need to think carefully about the regulation of the market for ICO projects.

[bitkanu]

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?

Regulation is good but there should be a proper step on it. I may not know exactly what are these but I hope it includes requirement to full background check each team member and hold a certain amount of money from the team by the regulating body.

THat's what usually need to be done when an ICO want their existence to be recognized by the government. Also most of ICO that requires KYC means they will have the urge to pass the data to the government (if they are legit) so I think that problem is already solved.

[henazi]

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