Should ICOs be regulated

[OptimusPrime_3]

I stand to support the regulations of ico. They have caused much harm to the industry than good through many risen scam projects scaring away investors and making the industry loose it's Trust

[elbimbo012]

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 it should be to protect ivestors money from scammer  who just keep making an ICO with out a clearer project anf later would vanish. Actually lot of ICO now a days are failing and this keep investor less interested to participaye in ICO since it is now more risky and less profitable.

[sjbi]

I strongly say yes to ICO regulations. The reports are such that the market is filled with fake ICOs cheating investors and bounty hunters. In this context, it is high time that regulations should be in place to control such frauds. In many cases, I myself is the victim of such fraud. Regulating ICOs also sends out a good message around the world that cryptocurrency is on the right track.

[bonker]

Regulating the ICOs are not possible but there are some guidelines issued by SEC to approve ICOs but still no ICOs were following that regulations.

It should be regulated but not sure about how it can be done because this is decentralized market,any one can create their tokens and start selling it.

[Hektur]

Initial coin offerings as a idea was a created to run a sale without any license or regulations. Why want you now to change it?

[Kelvinikke]

I think it would be a good idea to have some level of regulation in the ICOs that are spreading throughout the cryptosphere. I know this would regulate the number of scam projects in the cryptosphere and would also save investors their money and bounty hunters from wasting their precious time on useless project.

[gabmen]

Regulating the ICOs are not possible but there are some guidelines issued by SEC to approve ICOs but still no ICOs were following that regulations.

It should be regulated but not sure about how it can be done because this is decentralized market,any one can create their tokens and start selling it.

Well yeah i don't think it's a quiestion whether it should or not since icos are very prone to scams and fraud. Although people should already be wary if they're to invest or not, with the number of scams in the past, governments should find a way to efficiently implement their regulations on icos.

[trash321]

Yes, today people understand this in a very strange way, because today the ICO has become very profitable for the scammers, who today for some reason try to deceive people. I hope that justice is still in the world, so everything will work out, you need to try.

[proTECH77]

There are two important points. Regulations for decentralized projects can be damaging. But these regulations also protect investors.

Regulating ICOs will be a welcome development because this will ensure that, the average investor is protected from those scammers who intend to earn from innocent investors. Regulation will place restriction or cause breakdown on decentralization but when its apply it will  be a game changer on decentralization and will attract more investors who thought of cryptocurrency to be volatile.

[Rebisco]

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 is one of the issues why many people have doubts in entering the cryptocurrency market. There are a lot of news about scam projects worldwide and it is a factor to scared other people to make investment in cryptocurrencies.

[Aragorn_125]

Initial coin offerings as a idea was a created to run a sale without any license or regulations. Why want you now to change it?

Isn't the answer obvious? This system does not work as it should, even normal projects can bring losses, and what then to speak about numerous fraudulent projects?

[bison]

I think it would be a good idea to have some level of regulation in the ICOs that are spreading throughout the cryptosphere. I know this would regulate the number of scam projects in the cryptosphere and would also save investors their money and bounty hunters from wasting their precious time on useless project.

when the ICO already has clear rules, indeed it can be a good step for ICO sales and will minimize the case of scams from ico in circulation, because at this time there are many investors who are afraid to invest in ico because they are afraid of a scam.

[Kwame Genius]

The ICO scamming is becoming rampant in the cryptocurrency market. ICOs have raised so much money that they have invariably attracted tons of scammers as well. In fact, the number of scammy and bogus ICOs have increased so much that it has affected the overall value of the global ICO market.

[kudil]

Should ICOs be regulated?

Really I hope it for now, because currently there's many project are scam. I don't know regulation will defeat scammer but at least it will reduce scam project, scammer will think again to do it.

Initial coin offerings as a idea was a created to run a sale without any license or regulations. Why want you now to change it?

What's wrong with change for the good? If we find something wrong, we should to think it, and also if we can, we should to change it, such ICO, imao.

I think it would be a good idea to have some level of regulation in the ICOs that are spreading throughout the cryptosphere. I know this would regulate the number of scam projects in the cryptosphere and would also save investors their money and bounty hunters from wasting their precious time on useless project.

Right, I have find a lot of scam project on last year, as bounty hunter I'm so sorry about promote that, but I always made clarify and also delete all promote about that. I hope with ICO regulate, we can be safe of scammer.

[raptorez]

This issue has been discussed for a very long time, I don’t think that today it makes sense to talk about it seriously, because today there are very serious opportunities for this. Probably today what many people call regulation is not recognized by other states.

[digitalblock]

Regulator ICO as we would not want, is simply necessary, if this happens, it will be like a breath of fresh air, for all who participate in the ICO.

[bonker]

Regulating the ICOs are not possible but there are some guidelines issued by SEC to approve ICOs but still no ICOs were following that regulations.

It should be regulated but not sure about how it can be done because this is decentralized market,any one can create their tokens and start selling it.

Well yeah i don't think it's a quiestion whether it should or not since icos are very prone to scams and fraud. Although people should already be wary if they're to invest or not, with the number of scams in the past, governments should find a way to efficiently implement their regulations on icos.

Government can say ICO investments are completely banned for their citizen which is the best way to save their citizen and I don't think there is any other way aailable to control the launch of ICOs everyday.

Only investors need to gain knowledge about crypto currencies and how to find the legit and fraud project teams.

[DeepChipolino]

Humanity is not developed enough to use cryptocurrencies without the share of parasites.
Currently regulation is required for ICO. In the form in which all this is now. First of all, there is a need to control the creators and developers of projects. Of course, this will not save us from fraud, but we can come up with something else that could make life difficult for scammers.

[Felipeo]

Yes I think that I should be regulated. Cause in last few months we saw many ico project that scammed people. They collected money from investors and general people and then disappeared. Some of them was successful during ico phase and then failed at development stage. Some of the projects collect money and if they didinot reach the soft cap those who already invest never gave their money back. So investors and general people are afraid of this scams. So if some regulations comes to protect this thing that will be great. So yeah I think we need some regulations at least for the icos.

[daporivera]

Yeah, of course. ICO need to be regulated to some extent. ICO has lost it dignity as many ICO have turned out to be scam unlike when ICO first began some yeras ago. A lot of people have loose their hard earned money to scammers and this bad experience has kept them away from cryptocurrency which in a way will affect the adoption if the scam level is high. To increase the growth of cryptocurrency adoption, the general public need to trust the system. Necessary regulations should be done ASAP to sustain the crypto system.