no we don't need regulations at all and the worst part is that regulation is not going to solve anything in the way you think they are!
the same scams are going to continue to happen if not more if this market was heavily regulated and people were restricted about what they could create. that would just push people into off-the-market and in shady places for trading.
the solution to the problem you are concerned with is so easy! people simply have to stop giving away their money to any random person who asks for it in return for garbage.
The big question is how regulation will be implemented, who will implement and will the investors follow these regulators, and what's the guaranty that they are not going to be corrupt, remember the rating site are doing great in their early days until they accept paid listing and that's where everything starts.
They accept dubious projects in their premium listing or giving good ratings to projects that turned out to be scam.
well the problem is solved, that this is about money and money has changed everything. I just want to give an example like a famous gift manager. I don't need to mention who he is and I think you are familiar with them.
most prize hunters are always waiting for the launch of the project managed by the suspect, because they think the suspect's background has a good reputation in managing each project beforehand and is successful in the market.
but when investors and prize hunters are very close and believe in projects managed by suspects and ultimately suspects are blinded by money, money has made suspects go wild and not care about the fate of investors or the trust of their communities.
and I haven't seen the latest news about the suspect in one year, I'm waiting to prove to the public that he's the brain behind everything. I don't want the community to be trapped again by the bullshit of the suspect.
