Should ICOs be regulated

[bdc2343]

A regulation must be needed to audit all ICO projects. Already many investors and bounty hunters have suffered losses due to fraud in the ICO project. And if this rule exists, of course, that will help everyone. And there will be more investors who believe in the ICO.

It is a great idea, investors have also thought of a lot but those things are very difficult for us to receive that favor. People have thought about it but it is very difficult to implement, it will probably eliminate the good ICO 

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[Smon]

I think it would be very good if some kind of fund was created at the state level that could guarantee private investors a refund if the project fails, or if something goes wrong as planned. This would be an ideal solution to this problem. However, most likely our states will not make such sacrifices for the sake of investors.

if this happen maybe cryptocurrency would not crashing like this moment.investors will put all of their money in ico projects.but this is impossible to happen.no one could guarante with what will happen in future.

That's true, if we put all the money into ICO, it's also dangerous to continue trading. Because I see, a lot of ICOs are scams, and have not seen any signs of resistance to such a bad issue, so I'm a bit afraid to do it 

[mcTether]

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?

There is need for the ICOs to be regulated due to the many associated frauds currently ravaging the token sales. Anyone can just create any token, sell and disappear. Some of the whitepapers are even criminalistic. They will tell you not to take their statements as financial advice and also that you purchase of their tokens does not imply that they must get listed in an exchange. They have a way of twisting the terms in their favour.

[casternetwork]

Yeh, it would be great if any comissiona will make an audit of ICO before it will enter the market. Also it should be a punishment for organizers of scam ICOs. After this regulation there should be less scam.

Yes, I really hope that it can be done, but at the moment, it is impossible to answer. Because part of it, ICO will probably make mistakes and corrupt or erase good projects for us. As far as I can see, let's beat it to do it again, increase the system except fraud and start again very well 

[endogan]

Yeh, it would be great if any comissiona will make an audit of ICO before it will enter the market. Also it should be a punishment for organizers of scam ICOs. After this regulation there should be less scam.

Yes, I really hope that it can be done, but at the moment, it is impossible to answer. Because part of it, ICO will probably make mistakes and corrupt or erase good projects for us. As far as I can see, let's beat it to do it again, increase the system except fraud and start again very well 

good rules are needed if the ICO is set, but what is the first step? of course so that ICO can be safer and far from fraud and not easily fail.
ICO currently has a lot of fraud and many projects fail so they switch to investing in other and many are running away from it. hopefully with good regulation that can make the ICO better so that many will join the ICO again.

[ttg43]

We always call for regulation when we get burned. The scam projects of last year were simply a greed fest and if you didn't do your own research - it's your fault.

[flemmings02]

We always call for regulation when we get burned. The scam projects of last year were simply a greed fest and if you didn't do your own research - it's your fault.

Some times even your research won't be enough to determine if an ICO is scam or not, Some scam ICOs will have well mapped out their project to make it unknown to anyone that it is actually a scam, Regulation in ICOs isn't such a bad idea considering these scams are popping out from every nook and cranny of the crypto community.

[mbluxs]

I do not think it will be regulated.  Who will regulate ICOs, nobody control cryptocurrency, so who will control ICOs, who will put restrictions, that's why scams rates are increases in ICOs.

each country should have a regulation that regulates the existence of ico to be able to indeed avoid the number of ico that are unclear and also aim to commit fraud

[Sebas.tian]

ICOs should definitely be regulated considering that it can be used for money laundering. It would make newcomers trust the space.  However I don't approve of them requiring bounty participants to complete kyc since they didn't participate in the sale.

[myohmy81]

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?

It's difficult to regulate the increasing numbers of ICOs since cryptocurrency has not totally accepted by the government but I'm hoping we as investors / bounty hunters should be responsible to research them if they are legit before investing. This is a basic requirement to avoid those scam projects and minimize the losses.   

[ilhamsugihamin]

I think ICO must be tightly regulated given the many cases of fraud at this time. ICO regulations should also be sorted and must be able to improve ICO quality. I am very supportive if the ICO has strict regulations.

[saminnala]

Any measures against fraud will benefit the cryptocurrency community, whether investors or bounty hunters. Control and levers of influence on ico are necessary, because investments have always been associated with risk, but now these risks have become intolerable.

All ICOs occur through the blockchain. Everyone around wants decentralization. If any state body emerges that will control the projects, the whole idea of decentralization and independence from the state will lose all meaning.

[ned.ryerson]

I think ICO must be tightly regulated given the many cases of fraud at this time. ICO regulations should also be sorted and must be able to improve ICO quality. I am very supportive if the ICO has strict regulations.

I also think that investors will come to the ICO market again when this market will be regulated by the law. otherwise people are not willing to lose their money.

[krassy]

Most likely, in the future, the ICO will indeed be regulated and subject to the new legislation. Now all governments understand that the regulation of the digital economy is necessary, so they are trying to develop laws that will cover all issues related to ICO as much as possible.In order to protect the rights of investors and participants of bounty campaigns from scam and data theft, it is better to introduce ICO regulation and establish responsibility for the appropriation of funds of investors and ordinary people.

[ynatopak14]

FOR ME~!
For the sake of the investors and bounty participants.
ICO should be regulated so the scammers have no room for them to run the money of people.
2018 is not a healthy year for ICO because of many scammers.

[gulshan1]

Ico should be regulated rather it must be regulated because without any rules and regulations no body will cheat to the investors and faith of the investors will also increase. ICo regulation must be under many critical process and approve to only the projected ico, other wise deny the approval.

[Kulitha]

Because of scam ICO's lot of investor have already left this crypto market. With losing investor it directly affected to the market. So I think it is really good idea for regulation icos. But it should only for ICOs.

[BTCGOLD]

I do not think it will be regulated.  Who will regulate ICOs, nobody control cryptocurrency, so who will control ICOs, who will put restrictions, that's why scams rates are increases in ICOs.

ICO projects must register as a company. The regulations which are relative to the ICO depend on the country in which the project is registered. The scammers, of course, give false information, or choose such places where there is no regulation. It is important, when we check the ICO to look very well in which country it is registered and check that the country has the appropriate regulations. Without it, our money will not be able to recover.

[dumplingsandsushi]

Of course ICOs should be regulated.
And a lot of the "bad news" you hear about crackdowns on crypto in China, India, and Korea were doing exactly that.
Any civilized government should put forth laws to stop criminal behavior.
And they should follow up with prosecuting those that are criminals.
It's a good thing.

Of course, its not so simple, because and ICO can have investors from all over the world.
So an ICO can be registered in a country and be subject to those countries regulations.
But if you are not a citizen of that country, there is not much you can do to get money back.
For example, Japan is not responsible for taking care of American citizens.

[Bezobraznike]

I do not think it will be regulated.  Who will regulate ICOs, nobody control cryptocurrency, so who will control ICOs, who will put restrictions, that's why scams rates are increases in ICOs.

ICO projects must register as a company. The regulations which are relative to the ICO depend on the country in which the project is registered. The scammers, of course, give false information, or choose such places where there is no regulation. It is important, when we check the ICO to look very well in which country it is registered and check that the country has the appropriate regulations. Without it, our money will not be able to recover.

   I agree with Dhiraj0077, who will regulate ICO`s and how? Except people nobody can regulate it, I mean community
itself. Not everyone should be allowed to create ICO`s, some supervisors should exist to monitor what`s happening
and when someone gives them a signal they should be able to check entire team and project.