But we must still do something to prevent something undesirable that can happen to any ICO. As well as changing the perspective of crypto enthusiasm for this. whereas now ICO is only a tool for taking quick profits.
ICO is good if people are solid to do the purposes
Topic: Australia looks at Initial Coin Offerings positively (Read 224 times)
Unfortunately a good part of the ico turned out to be scams, but we must give the opportunity to all young people who, on the contrary, are not scammers, to develop their project and to be financed by those who believe in these projects. We only need to regulate the ico, so that no one runs away with the money, but carries on the commitment made with the investors.
Let's see what happens in australia!!!
Let's see what happens in australia!!!
There is no doubt that there are some positives about ICOs, I don't know if we would have had projects like Ethereum surviving today without the ICO, but the issue here is abuse of the ICO process and the protection for investors into these project. I have decided that me I am not investing again into a project offering just tokens to the investors, I want more for my investments that is why I think STOs will certainly lead they way in coming months and year, because the team will need to open up to the investors and clear the air on certain issues and also open up their books for scrutiny
Such news coming from one major and important country is very good for the future of the crypto abd blockchain tech the more positive thing is that almost all countries are working on legalizing and encouraging new crypto and blockchain projects which is very exciting.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
another good news coming to crypto industry
i hope this news will bring more demands to crypto world,, so, we can see the bullish trend as soon as possible
I hope that ETFs will finally get approved and China will lift the crypto ban. It seems that cryptos are slowly getting into governments and I am sure that they are already being discussed and soon are going to be accepted.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
but they still cannot find a solution to overcome all the risks at the ICO. if indeed they are serious I think they can create an institution that can be used to verify and supervise projects that do ico.
I'm glad to hear this news. I wonder if there will be another surge of ICO trend because of their decision... and I guess not. New regulations should be developed and some organizations should monitor their implementation and execution in future. It's the question of 5-10 years of work.
It's definitely a very good news. The big countries are coming forward to support crypto currency. Above all they are taking new coins positively. It's a blessing for new coins.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
If they want to get rid of the dangers of ICO than they should start looking into STO. If they somehow manage to merge the ICO system with a governmental approval or registration than they could become the home of many upcoming new coins. All the new coins has to do would be having an office and applying for registering with their real names and real address. That way if anything bad happens like ICO trying to scam people the government would have all the info they need to catch these people and help people sue them and get their money back. As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
Unfortunately right now the system is giving the scammers some anonymity and that creates some problems for everyone. Australia or any other country could change that with just one simple law and that would be really looking at it positively.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
Overcoming risk by implementing additional rules will surely lessen the problem of potential scam, if they will provide that investors from that As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
country will gained trust and interest knowing that there's a supplemented ruling that will protect their money.
This will served as a good start for more countries to change perspective regarding to crypto investment, especially ICO's.
They are coming late, after all what happened last year ICOs are in decadence, I don't see any good future for ICOs right now.
I also believe that after this niche in the world of cryptocurrency will be regulated and outlast scammers, then a new future will begin
I'm not very familiar with the source that OP has given if someone from Australia can verify those statements it will be a great cover. What I'm saying is I'm avoiding unnecessary articles which didn't came from a reliable source.
But let's assume that all of those info are facts, ICOs can still be a good strategy to fund a project. This should really be the use of ICO but during the all time high it became different and it just became a funding for tokens without real usage.
But let's assume that all of those info are facts, ICOs can still be a good strategy to fund a project. This should really be the use of ICO but during the all time high it became different and it just became a funding for tokens without real usage.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
That's true, basically icos just need a little regulation to verify the creator. That will protect the investors from the scam icos. Basically, most of scammers will never try to do that to reveal their identity to the governments. As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
No one can't denies that ICOs are great form of investment because it is giving huge returns when compared to already found cryptos but those risks are the problem,and it will be better to give the decision making power to the people who willing to take risk on ICOs or not than banning it from their citizen.
So far there haven't been many successful ico's but that could change when telegram ico is launched. Governments around the world can't ignore the multi billion dollar industry for long
If we want the same thing to happen everywhere and not only Australia we need ICO regulations to limit the ICO fraud ,that's the only thing affecting ICO ,the regulation will bring back trust
I think ICOS just need some regulations enforced and scammers to be penalized and punished if they run away with investor's funds, which so many have done in 2018. Even so many that paid me out my tokens so they pretended to be legit also didn't bother to get their tokens on exchanges so their tokens that we paid for in ETH or other hard crypto currencies like Bitcoin etc, or even with Fiat were deemed worthless. So yes, we can all be optimistic for ICOS in the future but when I have like over 80 totally dead tokens and useless worthless numbers sitting in my wallet right now from dead ICOS that took the money and ran, it still is a very bleak area indeed right now. I do hope the situation is improving in 2019 and us investors and also promoters get our dues.
Despite the negative assertions regarding the future of Initial Coin Offerings (ICO), Australia seems to still look at its future positively.
As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
Ico is a good tool for the development and advancement of technology. Another thing is that now it does not work and is used in the wrong direction. And so a very big prospect. As reported by Micky News, the Australian Treasury said that they are aware of the possible risks in investing in ICOs, but they still believe that great prosperity will come to their nation after those risks were overcome.
Read more here: https://www.unblock.news/news/australia-looks-at-initial-coin-offerings-positively
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