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Author Topic: Should ICOs be regulated  (Read 24152 times)
letyouearn
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January 23, 2019, 03:03:07 PM
 #361

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?

Lack of regulation gives us bigger salaries if we are talking about bounty campaigns. There should be some balance between regulated safe job and risky business here. Regulation usually decreases potential profit. Less risk - less income.

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MOProgress
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January 23, 2019, 03:27:49 PM
 #362

My answer to this question is yes, ICOs should be regulated, because that will reduce the level of scam in cryptocurrency, and it build the trust of investors.
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January 23, 2019, 03:40:53 PM
 #363

My answer to this question is yes, ICOs should be regulated, because that will reduce the level of scam in cryptocurrency, and it build the trust of investors.
it's true, but making regulation is very difficult in cryptocurrency and in 2018 there were so many ICO projects that ended scams that made it hard to believe anymore.
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January 23, 2019, 03:54:17 PM
 #364

I strongly believe and recommend that ico should be regulated.because only through ico that new fund come into market and if proove to be scam again and again then it become difficult for crypto to grow. Regulated market increase the confidence of investor

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January 23, 2019, 04:16:36 PM
 #365

I strongly believe and recommend that ico should be regulated.because only through ico that new fund come into market and if proove to be scam again and again then it become difficult for crypto to grow. Regulated market increase the confidence of investor
You did not think that when the market of ICO projects is regulated, there will probably be a lot of new rules and innovations, and it can be assumed that regulators will not have a positive attitude towards holding bounty campaigns, and projects will distribute their tokens only to verified investors. There are advantages and disadvantages to market regulation.

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January 23, 2019, 04:21:31 PM
 #366

I think that it is necessary to reflect on the functional. What will the regulation give us? I think that exactly the regulation today will be able to show where there is a scam project and where not. That is, scam projects in general should not be in a regulated market at all.
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January 23, 2019, 04:24:36 PM
 #367

This regulation is unpredictable thing. You know,in some cases it is positive point, because community need changes in ICO industry and investors no more suffer from dishonest ICO market.
To my mind it should be improved in a new way, like DAICO

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January 24, 2019, 08:40:11 AM
 #368

Somehow it´s a Joke why they aren´t already regulated.

As soon you ask People for money on your Idea/Project/Company and give them a Share/Coin/promises you are making the same as a IPO.

But it looks like we play blind  Cheesy


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January 24, 2019, 08:47:41 AM
 #369

ICO must be regulated because it is now very risky. Many projects experience fraud and this causes many people to suffer losses. An institution must be created to audit ICO projects so that it will help everyone.

Ambers
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January 24, 2019, 09:36:33 AM
 #370

ICO regulation is a very controversial issue. Many different opinions have already been expressed on this score, and often these opinions are radically opposed. Some people believe that regulation is not necessary because it contradicts the basic principles of freedom and anonymity. Others believe that regulation is necessary because only in this way can we avoid a large number of fraudsters. I think that this should be the golden mean.
Olatunjex
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January 24, 2019, 09:40:46 AM
 #371

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 strongly believe and recommend that ico should be regulated.because only through ico that new fund come into market and if proove to be scam again and again then it become difficult for crypto to grow. Regulated market increase the confidence of investor
You did not think that when the market of ICO projects is regulated, there will probably be a lot of new rules and innovations, and it can be assumed that regulators will not have a positive attitude towards holding bounty campaigns, and projects will distribute their tokens only to verified investors. There are advantages and disadvantages to market regulation.
There are various security tokens that are regulated and still offering bounty, bounty is not a disease, it is a form of advertisement therefore regulation won't put an end to bounty campaign

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January 24, 2019, 11:19:56 AM
 #372

I think crypto needs some kind of regulation or centralised authority to stop the scams and greed. Oh wait! Is this not what we were trying to get away from...
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January 24, 2019, 11:26:40 AM
 #373

We all understand that the ICO sector is in dire need of sensible regulation. The main goal is to protect investors from unscrupulous projects. If nothing is done with the regulation, the ico niche will soon cease to be attractive both to investors and bounty hunters.


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January 24, 2019, 11:54:10 AM
 #374

Yes, I think the ICO must have clear regulations. If the ICO regulation is clear, it will attract the public to invest in ICO projects and also to avoid investors losing their money. Believe me, if that happens the crypto future will be very bright.

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January 24, 2019, 12:28:32 PM
 #375

I think ICOs should be regulated, the level of Scam project springing up is really alarming and I also believe that if been regulated, it will boost investors to partake as the will have that sense of it been a legit project

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January 24, 2019, 12:43:03 PM
 #376

I am a believer in decentralization but we cannot go on like this, something has to be done or we will all perish Scam ICO are one of the big contributing factors on our current situation, and the only way to fix this is a regulatory but I don't how it's going to be implemented may be the only option is STO who is making a big noise now, either way, I want to see a new market trend..
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January 24, 2019, 12:54:32 PM
 #377

Yes, I think the ICO must have clear regulations. If the ICO regulation is clear, it will attract the public to invest in ICO projects and also to avoid investors losing their money. Believe me, if that happens the crypto future will be very bright.
for now indeed I think there are no clear rules to regulate everyone holding an ico. freedom makes many people use it to cheat investors. if there are rules for ico to take place, I think it will be good, it doesn't matter when it's done it will cause ico to decrease, but what's better is that all existing ico are of good quality.
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January 24, 2019, 12:55:32 PM
 #378

I agree that ICOs need some regulation. We can not go on like this. Any team who wants to get fund for their project must to be qualified for managing crypto and fiat money.  Crypto is a transparent place where wee need to know where our money is used thats what i generally like in crypto. Nowadays most of the project has financial crisis because of bad management of their funds.  Any ICO who can not able to reach their minimum investment must forced to refund their investors. We must have some rules for refund also.
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January 24, 2019, 01:00:30 PM
 #379

I agree with you. Regulation of cryptocurrencies is one of the most pressing problems that needs to be addressed as soon as possible. In my opinion, with the advent of the regulatory body, cryptocurrencies will become much more attractive to investors and will be able to gain huge popularity, which will have a positive impact on the market capitalization.

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January 24, 2019, 01:06:26 PM
 #380

Sure ICO need to be regulated, investors protections is really low in ICO and so many fake ICO that just trying to get easy money from it. I do believe with good regulations ICO will become better and more people will trust it and it will prevent scammer to fund money from ICO.

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