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Author Topic: Should ICOs be regulated  (Read 24152 times)
GREENch
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February 13, 2019, 03:36:09 PM
 #481

The creation of a bounty hunter Union would be a good option for partially regulating and paying for bounty campaigns. Also, the Union can carry out analysis and audit of the project that plans to conduct a bounty campaign.
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makerst
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February 13, 2019, 03:44:32 PM
 #482

ICO definitely require serious regulation, since regulation is now an important part of the legalization of the cryptocurrency sector, I think that all this will definitely make sense, especially if you understand that all this will actually make sense after 5 years.
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February 13, 2019, 03:48:09 PM
 #483

The creation of a bounty hunter Union would be a good option for partially regulating and paying for bounty campaigns. Also, the Union can carry out analysis and audit of the project that plans to conduct a bounty campaign.
if it's really running it might be very helpful for the quality of the ico itself. the fewer scams, or all the best for investors. but unfortunately are such regulations possible?
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February 13, 2019, 03:52:00 PM
 #484

To me ICO must be regulated. Many may say that if the ico is regulated then the rate of flourish of crypto currency may not be well but the way number of crypto currency are increasing it's very alarming.

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February 13, 2019, 04:15:48 PM
 #485

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 am in full support of this. In fact some folks on this forum have really been trying their best in exposing scam projects. Yet we still see a lot of them come up. not everyone of them can be noticed and which is why we need regulation, else there might not be a stop to it.
I am sure that a lot of investors are expecting a development like this.
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February 13, 2019, 04:24:11 PM
 #486

In order to keep the last investors ready to invest in ICO, it is imperative to resort to all possible instruments able to at least restore the trust of investors and ensure their stable earnings, as well as protection from losses and scam.


While the ICO is not regulated by anyone in the bounty there will also be fraud. Unfortunately, I see even experienced participants who fall into bad campaigns and do not receive a reward.
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February 13, 2019, 07:07:51 PM
 #487

Personally I don't agree with complete control or regulation, but I can only assume that it can't be avoided as all understand here - there were many fraudulent projects that in turn frightens off investors.
DominickA86
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February 13, 2019, 07:39:05 PM
 #488

It is a very difficult question, because I think the majority of our community is still for the lack of the third party and against regulations, but we need to protect the investors funds from different art of fraud projects.
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February 13, 2019, 08:20:07 PM
 #489

Of course ICOs should be regulated because the rate of ICOs scam is constantly increasing and it's gradually giving the cryptocurrency market a negative trust amongst investors. If ICOs get regulated institutional investors will feel protected while investing and the cryptocurrency market which will have a good effect on the cryptocurrency market.

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February 13, 2019, 08:41:11 PM
 #490

Personally if I should be the one to make a final decision on this topic, I will say let ICOs be regulated, because of ICOs are regulated, it will reduce the level of ICOs scams, and also this will build the trust of ICO investors, some blockchain can now come in full as it now have something to protect their interest.
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February 13, 2019, 09:20:41 PM
 #491

To me ICO must be regulated. Many may say that if the ico is regulated then the rate of flourish of crypto currency may not be well but the way number of crypto currency are increasing it's very alarming.
yes you are right, if ico regulated then there will be very large growth because investors will come back but there is nothing regulated here and like some ICO ratings only take money without thinking about ICO scam or not

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February 13, 2019, 09:32:01 PM
 #492

I am almost sure that it is impossible to regulate cryptocurrency. It seems to me that this will kill the idea of decentralization as a whole. I am against regulation.

Chacha1000
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February 13, 2019, 10:50:28 PM
 #493

ICOs really need to be regulated because of what we are seeing now,so many fake projects coming up and investors are the ones that suffer.
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February 13, 2019, 10:52:32 PM
 #494

ICOs really need to be regulated because of what we are seeing now,so many fake projects coming up and investors are the ones that suffer.
Regulations will bring more trouble with compensating security in my opinion. Fake projects usually hunt investors with less knowledge,experience and there are no legal actions against them.
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February 13, 2019, 11:03:56 PM
 #495

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
Tell me, since KYC has been introduced as a process for many icos it seems to you that the number of scams has gone down? Because I do not see it, in fact it is even worse now, scammers not only get your money but they get your personal information as well and they can sell it or they can use it for themselves while you have no way to protect yourself from them.
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February 13, 2019, 11:18:41 PM
 #496

Definitely mate Wink...i have always shared the view that ICOs really need to be regulated because we are having multiple blockchain solutions being spread in the cryptospace. Also because ICOs are not regulated so many projects are popping up which is really making some investors lose their money. Regulating of ICOs would help rid us of all these scammers.

DanWalker
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February 13, 2019, 11:30:00 PM
 #497

Crypto space is packed with money so obviously ICOs should be regulated to avoid scam and any other kind of cheating and manipulation. Big players will never come here without proper regulations.

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February 13, 2019, 11:35:32 PM
 #498

I think ICOs should be regulated because investors are losing their interest to invest in a new crypto project. Because ICO market lost its reputation very badly. Even many good ICOs go away by scamming people and bounty hunters. So, good project, who want to do something on the crypto platform, they should go for regulation! And, after getting regulated they can achieve success. otherwise, this is very tough to make ICO success in this current situation of the crypto market.

Perfect35
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February 13, 2019, 11:40:01 PM
 #499

Of course, I know that many people do not want to hear about regulations, but this free market is more and more dangerous for investors, more and more scams are created to get quick money. Is that right?
Those who are trying to avoid regulation at all course should be checked. Such might be involved in some ICOs that are scam.
I am not surprised that so many projects are not able to reach softcap easily, despite how good they appear. So many of them are sourcing fund from outside the online space.
Xalata
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February 13, 2019, 11:49:02 PM
 #500

Definitely, ICOs should really be regulated by a trusted third party so that all projects that are coming in the cryptospace would sort of verified to avoid situations whereby we hear that the team is not real and they are using fake identities.

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