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Author Topic: Should ICOs be regulated  (Read 13407 times)
inanilujimi
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May 15, 2019, 11:00:14 PM
 #881

now more investors are turning to the IEO and if this continues to be allowed ICO will not be in demand and will be abandoned forever.
if there is no regulation this might be the end of the ICO.

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May 15, 2019, 11:57:10 PM
 #882

A lot of the people out there have heard almost everything about the crypto industry but almost 90% are just waiting for the industry to be regulated in other to feel safe and invest or trade. Regulation of ICOs will put an end to scam projects which is a very good move. I think regulation can lead to mass adoption and ICOs should be regulated.

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May 16, 2019, 12:09:43 AM
 #883

now more investors are turning to the IEO and if this continues to be allowed ICO will not be in demand and will be abandoned forever.
if there is no regulation this might be the end of the ICO.
Yes, I think the ICO must have a new regulation which of course must have high standards if an ICO is published in this forum so that investors trust the existing ICO more and reduce the risk of fraud which is very detrimental to many parties.

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May 16, 2019, 12:13:29 AM
 #884

Investors don't believe blindly to the all promised whitepaper and roadmaps but there are some factors which we shouldn't ignore. The regulation will bring both good and bad attention to the crypto industry.

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May 16, 2019, 01:01:15 AM
 #885

now more investors are turning to the IEO and if this continues to be allowed ICO will not be in demand and will be abandoned forever.
if there is no regulation this might be the end of the ICO.
If there are regulations when it comes to collecting money, we will not see the frauds being conducted like we have seen in the past, scammers will find a  way to fraud people in any situation, be it in the form of ICO or IEO, exchanges are doing that by collecting  money and i am not sure of their verification process for someone to conduct those funding's. I am not telling all the fraud will be gone when it is regulated but we will have some control over the amount of scam projects .

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May 16, 2019, 01:11:44 AM
 #886

Even if it gets regulated there will still be scam projects as they will work around the system.  Therefore the system has to be so strict that only the best of the best get to do ICOs.  Most governments will just want to see ICOs go away in general but since there is so much demand for regulations, especially in Korea, that they will have standards that could only be met by projects that are well funded, established, and with a product or service. 
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May 16, 2019, 01:38:42 AM
 #887

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?

What would be the impact if we allow regulatory commissions to handle the ICO or any investment platform on cryptocurrency? Well actually, the freedom that we already have now is the best option that we already have. We should exercise and be responsible enough and that's good. Allowing regulations will going to incur restrictions on our capabilities.

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NightMar_1St
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May 16, 2019, 03:18:46 AM
 #888

It is very difficult to make regulations about ico. blockchan has an anonymous feature. if there is a requirement for investigation, it is meaningless

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May 16, 2019, 03:54:22 AM
 #889

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?

What would be the impact if we allow regulatory commissions to handle the ICO or any investment platform on cryptocurrency? Well actually, the freedom that we already have now is the best option that we already have. We should exercise and be responsible enough and that's good. Allowing regulations will going to incur restrictions on our capabilities.
but in the absence of regulation many are used by fraudsters to take advantage of the suitability. many made the ico project, and finally they brought in investor funds. of course all decisions must have risks

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May 16, 2019, 04:32:24 AM
 #890

It is very difficult to make regulations about ico. blockchan has an anonymous feature. if there is a requirement for investigation, it is meaningless
Sorry but that's wrong, they are not regulating blockchain, they will be regulating the ICO or the crowdsale.
The regulation would be, if the team will scam, they will go in jail, that's so simple.

Also, there is a requirement before running an ICO, they need to pass it, otherwise they will not be allowed to run.
Thus, we investors can be assured that this people have legit knowledge on the project.

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May 16, 2019, 04:40:04 AM
 #891

now more investors are turning to the IEO and if this continues to be allowed ICO will not be in demand and will be abandoned forever.
if there is no regulation this might be the end of the ICO.

Initially the IEO looked good and promising, but I'm sure that someday many scam projects in the IEO, scammers will never shut up and they are always looking for ways to make money easily.

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May 16, 2019, 04:51:19 AM
 #892

To date, ICO is carried out by all and Sundry, so many became scammers that the site is well made, white paper and even the team is transparent, but still there are scammers, regulation is necessary, at least for the responsibility of the ICO team to investors.

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May 16, 2019, 04:55:03 AM
 #893

ICO has regulations that will help growth for crypto, reduce phishing projects. Hope this will come true soon. It is impossible for the scammers to laugh on the pain of investors.

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May 16, 2019, 08:24:39 AM
 #894

now more investors are turning to the IEO and if this continues to be allowed ICO will not be in demand and will be abandoned forever.
if there is no regulation this might be the end of the ICO.

Initially the IEO looked good and promising, but I'm sure that someday many scam projects in the IEO, scammers will never shut up and they are always looking for ways to make money easily.
I agree with you because not all IEOs are good and I see a lot of IEOs scattered in various very long markets to complete the IEO according to their targets and of course someday there will be an IEO scammer, fraudsters always have many strategies for that we must be careful.

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May 16, 2019, 10:15:36 AM
 #895

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?

Of course 100%, ICO's should be regulated. What happened last 2017 really put a dirt in the faces of investors due to scam projects and it was not really good sight to watch. Great thing that STO's and IEO's is now happening and that provides the security that us, investors needed when participating in these startups. A project that has one of the guys who founded Pokemon has their cryptocollectible project in an IEO and it sold out, easy. A reputable name and sales to back the project up will definitely help. Though ICO's are not really dead, they're still worth to look at as long as you DYOR.
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May 16, 2019, 10:17:41 AM
 #896

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?

Of course 100%, ICO's should be regulated. What happened last 2017 really put a dirt in the faces of investors due to scam projects and it was not really good sight to watch. Great thing that STO's and IEO's is now happening and that provides the security that us, investors needed when participating in these startups. A project that has one of the guys who founded Pokemon has their cryptocollectible project in an IEO and it sold out, easy. A reputable name and sales to back the project up will definitely help. Though ICO's are not really dead, they're still worth to look at as long as you DYOR.

Yep, ICO's are still being used by other legit projects. I've seen a couple but I also see some that are considering entering IEO's because they're having issues raising funds in an ICO stage.
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May 16, 2019, 10:20:39 AM
 #897

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?

Of course 100%, ICO's should be regulated. What happened last 2017 really put a dirt in the faces of investors due to scam projects and it was not really good sight to watch. Great thing that STO's and IEO's is now happening and that provides the security that us, investors needed when participating in these startups. A project that has one of the guys who founded Pokemon has their cryptocollectible project in an IEO and it sold out, easy. A reputable name and sales to back the project up will definitely help. Though ICO's are not really dead, they're still worth to look at as long as you DYOR.

IEO is everything ICO should have been. Safer, more reliable, better controlled. There is no longer a need to sling your personal data at hundreds of different providers, hoping to gain "exclusive" access to an ICO.
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May 16, 2019, 11:05:53 AM
 #898

Such an organization is necessary to regulate the ICO, but until cryptocurrencies are recognized by law as assets that should receive legal status, there is no need to create it. In addition, the industry itself responded to this problem and now the emphasis has shifted in favor of IEO and STO.

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May 16, 2019, 11:33:11 AM
 #899

As you know most of ICO was scams in past and now also scamming with investors so IEO is good trend for investor ,so should be regularized .

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May 16, 2019, 11:57:47 AM
 #900

It is not going to be,even if it gets regulated then most benefits will go for the government not to the investors so learn ourselves to eliminate the scam and shit projects are the better way.

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