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Author Topic: Should ICOs be regulated  (Read 24157 times)
freedomgo
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April 07, 2019, 06:53:31 AM
 #781

of course that is because if the ICO is regulated it will be better and more certain it will also reduce the scam in the ICO world, because there are already enough victims who have lost money because of yesterday there were a lot of garbage ICOs
I think if there are clear rules regarding the circulation of ICO then it can have an influence on the development of the ICO because it might also be able to minimize the circulating scam, because with ICO regulations no one dares to commit such fraud again.
There are still risk as there are still scammers, but it will minimize the scam.
The government is working on it, they will start regulating the ICO market, SEC are already working on the implementation rules, waiting to be release soon.

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April 07, 2019, 08:04:15 AM
 #782

The ICO will soon die out altogether and IEO will replace it, which is essentially what is happening now. Many begin to invest through a proven stock exchange company. For example, projects under the leadership of the exchange Binance, Huobi or Kucoin
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April 07, 2019, 08:54:42 AM
 #783

I think this regulator should make the big marketing project which requires the developers of ICO. Such projects exist at the moment but now they do not work with new projects because of the refusal of the ICO developers to cooperate. That is, people who base their project initially understand that they will deceive people and do not want unnecessary problems.

ICO developers are in this for money. True developers usually just go and do their own things,,, and they do not care about raising funds or doing all kinds of marketing and promotion. So yes, for me, if crypto is centralized and hold ICOs they should be regulated 100%. If it is like Bitcoin where it is completely decentralized, then what is the point of regulation? Who do you hold to take responsibility?

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Babayan
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April 07, 2019, 08:58:52 AM
 #784

Yes, I think that this sphere should be regulated, because there are a lot of scammers which want to steal the money if the honest investors.

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April 07, 2019, 09:16:59 AM
 #785

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?
ICO cannot have stricter rules because it has been so since the beginning. we can only request to remove it from the market and support STO or IEO. ICO really can't give investors the best benefits. Let IEO and STO do that. RIP ICO.

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BeGoods
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April 07, 2019, 09:54:26 AM
 #786

Investors have already given the answer to this question, since they choose IEO, then they want their investments to be safe and they are tired of scams, and ICO is one big problem at the moment, few people want such a hassle
Thats why the volume of ICO investment continues to decline every year, even this year is far lower than last year, because honestly
investors are tired when a project becomes a scam or fails to enter an exchange, ICO needs regulation so that only quality ico will come
BitFinnese
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April 07, 2019, 03:11:23 PM
 #787

ICO cannot have stricter rules because it has been so since the beginning. we can only request to remove it from the market and support STO or IEO. ICO really can't give investors the best benefits. Let IEO and STO do that. RIP ICO.

It can have a strict rule.  To avoid losses from investors, government institution should step in and regulate ICO.  This institution will filter ICO's and give license to those who pass their criteria.  If this happens, ICO will be a lot safer than IEO.
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April 07, 2019, 03:15:01 PM
 #788

ideally i did not see the for the regulations of ICOs and the whole process seems a whole lot better without the need for regulations but in recent times I have come to notice that the rate of fraudulent practices in the space is having a greater percentage contribution from the ICO region and that is not good news for the space since it is still trying to find its feet in the globe.

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April 07, 2019, 03:51:20 PM
 #789

ideally i did not see the for the regulations of ICOs and the whole process seems a whole lot better without the need for regulations but in recent times I have come to notice that the rate of fraudulent practices in the space is having a greater percentage contribution from the ICO region and that is not good news for the space since it is still trying to find its feet in the globe.
Just need more regulated bodies in the field of cryptocurrency. This will reduce the dirty game and the community will gain more confidence.
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April 07, 2019, 05:15:05 PM
 #790

To avoid things I don't want, I think regulations must be more stringent. Strict regulations aimed at limiting the movement of fraudsters and even these fraudsters must be eliminated. So that this regulation also protects investors and bounty hunters. This will certainly increase the interest of people to invest again.

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April 07, 2019, 05:29:58 PM
 #791

There should be a regulations against scam ico and they should undergo proper punishment,there should be a platform where genuine ico should be listed along with it's team member and ico fund should be escrowed or locked with smart contract.
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April 07, 2019, 08:34:15 PM
 #792

I strongly agree with your opinion, it is time! fraud that is under the guise of ICO we must eliminate, because it can damage people's trust in crypto currency investment.

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April 07, 2019, 09:10:52 PM
 #793

of course, of course it would be better if an ICO project was arranged by the government where it was created. or maybe ICO can be regulated by strict forum regulations, so that the ICO that runs is really high quality.
I do not think it would be better or even good for government to issue out tokens, because there might be a form of centralization, which is against the decentralized nature of cryptocurrency itself. Theirs i think is just to regulate those lunching ICOs through the law, so as to reduce the rate of scam.
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April 09, 2019, 05:53:38 AM
 #794

I am strongly in favour of regulating ICOs and cryptocurrency as well. I do not think regulating ICOs and cryptocurrency will affect the market. Rather it will make the market much stronger and stable. Now the market has many fake ICOs cheating potential investors and bounty hunters. As a result, the entire crypto market has had a bad reputation. Institutional investors are still afraid of investing in cryptocurrency. So regulations are essential.

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April 09, 2019, 05:58:05 AM
 #795

As scammers have cheated many investors over the past one year, so some type of regulation is necessary. It would increase the investors confidence on ICOs.

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April 09, 2019, 06:46:08 AM
 #796

As scammers have cheated many investors over the past one year, so some type of regulation is necessary. It would increase the investors confidence on ICOs.
You are right, what happen in the previous year is already alarming, thus, the government needs to look at the ICO market and regulate it.
With proper regulation, these scammers will not be able to play here, and we can revive the image of ICO and crypto market.

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April 09, 2019, 08:00:42 AM
 #797

It is the ICO area that needs to be regulated primarily, since it is here that the financial institutions of the state itself as well as the citizens are affected.
In my opinion, after the start of quality regulation cryptocurrency will be improved.
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April 09, 2019, 08:41:37 AM
 #798

For now it seems that it is not possible to do that. Because there are still many ICO projects that are scam. And make investors experience losses and waste time for bounty hunter participants. Of course this is what we must learn in the future. For investors & Bounty hunters, of course before investing or participating in an ICO project. Spend a little time analyzing the project and research first.
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April 09, 2019, 08:50:32 AM
 #799

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?

some regulation would please us all, of course. but in my opinion it doesn't have to be and since it's
almost impossible to regulate everything you don't have to think about it. some things you just can't change Wink
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April 09, 2019, 08:54:10 AM
 #800

As scammers have cheated many investors over the past one year, so some type of regulation is necessary. It would increase the investors confidence on ICOs.
Yes this is why i.agree with you that ICO should be regulated. For now, we can clearly see through bounties altcoins that ICO projects nowadays run by copper member newbies. This means that no longer would like to hold a project because the account is much more precious than running the project. Thus, if a high rank account would make a mistak promoting a scam project.then definitely the account will be tagged with negative trust to which it will not be useful anymore in joining signature bounty campaign.
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