Should ICOs be regulated

[robelneo]

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 actually a good idea, but right now no organization or group have come forth to do this for us, and one of the questions is who is going to police the police, we already know that reputation and rating can be bought in this type of crowdfunding and how can they be made liable because there are too many lies in the ICO.

[aziziasa]

A high increase in fraud must be made immediately to pressure fraudsters. This regulation will help many people in doing this work. The team must form and conduct an audit for an ICO project that is running or has just appeared.

[coin-investor]

People are now in favor of regulation but what will be the rules to regulate these ICO, and how can we investors sure that they are going to implement this, just look at this rating sites, they should be the one to catch scam Ico but they are still letting them to continue and even gave them high rating because of the premium listing.

[qomariah95]

People are now in favor of regulation but what will be the rules to regulate these ICO, and how can we investors sure that they are going to implement this, just look at this rating sites, they should be the one to catch scam Ico but they are still letting them to continue and even gave them high rating because of the premium listing.

There is a lot happening now that makes us not have to believe in the ICO ranking anymore. It is true that ICO ranking seems to be manipulated if the project has money. This is really a pity. We can no longer trust ICO rankings. Because it can be set because they list premium.

[SixFigures]

People are now in favor of regulation but what will be the rules to regulate these ICO, and how can we investors sure that they are going to implement this, just look at this rating sites, they should be the one to catch scam Ico but they are still letting them to continue and even gave them high rating because of the premium listing.

There is a lot happening now that makes us not have to believe in the ICO ranking anymore. It is true that ICO ranking seems to be manipulated if the project has money. This is really a pity. We can no longer trust ICO rankings. Because it can be set because they list premium.

Thinking about it that was to be expected though. If you pay for a ranking you will most likely try to influence the ranking.

[BUK2016]

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 there is anything that need to be regulated in crypto currency it is ICO projects because soany of the are turning into scam project with no good intention for investors and bounty Hunters. And the worst of it all is that there activities is affecting crypto currency in general negatively.

[nikola22]

ICOs should be regulated at least in case of real team and spending the raised funds. this will help to decrease scam in ICO ecosystem.

[kliown]

Given the large number of scams, I think it's worth it, but you should also understand that now have become fashionable STO and ITE. The latter seem to me to be the most reliable, since exchanges act as a regulator there.

[JeffBrad12]

ICOs should be regulated at least in case of real team and spending the raised funds. this will help to decrease scam in ICO ecosystem.

KYC for developers and middle man to hold the funds until they have a working product that can be used. This needs a party to monitor the ico daily activity. KYC should be considered as mandatory for all of the developers. we need the third party that will be especially working to verifying any ico

[tomboi]

ICO is one of the favorites of investors to make investments that can provide benefits. However, there are now many ICOs that scam and delay the ICO. Of course, this greatly reduces investor confidence. So as to provide convenience to investors, this ICO must be regulated. If there are regulations that audit each ICO, I think all ICO fraud problems can be prevented.

[Coinraptor]

I don't think so! Because if crypto gets regulation then the total crypto atmosphere will be changed for sure. Therefore, If ICO goes for regulation then it will become STO project, not ICO! ICO market is not doing well and the same thing happening in STO too! But yes, if ICO gets regulation then investors will have profits for sure, that's the facility here.

[Kasabus]

ICO is one of the favorites of investors to make investments that can provide benefits. However, there are now many ICOs that scam and delay the ICO. Of course, this greatly reduces investor confidence. So as to provide convenience to investors, this ICO must be regulated. If there are regulations that audit each ICO, I think all ICO fraud problems can be prevented.

The timing to invest now is bad, even if you have invested in a legit ICO, the price in the market is still the problem as it's hard to maintain the ICO price.
If you are planning to invest on ICO now, you should be investing for long term and wait until the market will turn around.

We need to be in a bullish trend to make ICO investing profitable in short term.

[strunberg]

ICO is one of the favorites of investors to make investments that can provide benefits. However, there are now many ICOs that scam and delay the ICO. Of course, this greatly reduces investor confidence. So as to provide convenience to investors, this ICO must be regulated. If there are regulations that audit each ICO, I think all ICO fraud problems can be prevented.

The timing to invest now is bad, even if you have invested in a legit ICO, the price in the market is still the problem as it's hard to maintain the ICO price.
If you are planning to invest on ICO now, you should be investing for long term and wait until the market will turn around.

We need to be in a bullish trend to make ICO investing profitable in short term.

if we already decided investing in ico, we have to ready facing the risk that will occur someday.as we know much ico price dropp alot when listing in market.investors and token holder could not keep the price, they want sell it fastly.

[calya]

ICO have been regulated because I check many ICO was success with raised hard cap but price is down after listing on exchange market, how ever is have big effect for investor at the next ICO and will left it.

not yet, in my opinion there is no ICO that already regulated at this moment.from any government they didnt issue policy that allow their citizen investing in any project.they recognized it due to many scam ico in crypto market.

[Ngewex Yuk]

this is a good idea, but I think that it is still not clear how to implement it, many projects collect funds and cannot be regulated

Of course it requires a process and a team that has a good reputation for regulating, without regulation, crypto is hard to accept massively, and many investors are afraid to put money on crypto because of the current negative reputation.

[Aldrinx00]

This is a must because ICO scammer are everywhere it will not stop and they are not afraid because there is no strict regulation regarding ICOS. I think it's time to act before it's too late, investors lost interest on ICOS because it's just a waste of money and time.

[tranquangvinh]

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 the main problem of the cryptocurrency market, especially the ICO projects, if we have general rules about ICO, it will minimize the risk of investors a lot and will limit many projects that are deceptive

[SixFigures]

You must also take into account that it is regulation which doesn't slow down all the innovation. Passing laws which foster innovation but catches the cheaters sounds easy, but it isn't. You have to watch the space and pass the right laws over time. If you do it all at once it will be too strict.

[kisfoxs]

Yes, this will be a good solution to the problems that have occurred so far. That scammers grew and more ICO projects failed. So agencies must be formed and audit each ICO project. And ICO must be given very strict regulations.

[Gabali126]

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 ICOs remain unregulated, then the reap off and scams will continue. There should be a strict guidelines and due process to be followed for any ICO to be accepted.