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Topic: BOUNTIES WITH REGIONAL RESTRICTION. - page 3. (Read 441 times)

hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
August 27, 2019, 07:58:51 PM
#9
1. It caused by those investors are not getting permission from their countries to deal with ICO investment and that's why the ico project must try to ban them from the countries which are banning icos or ieos.
2. for the second reason the answer is still the same as the first answer and participate in the campaign just like you are participating in the ico too.
full member
Activity: 714
Merit: 100
Acewins.io
August 27, 2019, 07:27:06 PM
#8
As you said, the first question is quite understandable in that government sometimes interrupt these projects and theyay face legal issues if they allow certain people to invest in their project.
With the second part, I think it is normal and beneficial t9 the devs alone and some may be due to restrictions on the country members from participating in crypto related activities. One can look at it also as that the same way advertisers would consider certain geographical regions as worth more than the other, se devs think it'll be more beneficial to them to use some specific countries rather than others to reach their target customers/investors.
sr. member
Activity: 1414
Merit: 254
August 27, 2019, 07:19:33 PM
#7
There are regional restrictions because of legal requirements, cryptocurrencies are banned in some countries, and project have to respect that, although users can also register for those bounties without disclosing their real country or region, but it will be at their own risks.
Yeah right and it cannot be underestimated, without restriction a project will look ugly by some groups. So we must understand, because it was not made by the will, but the different rules that created it.
hero member
Activity: 1190
Merit: 504
August 27, 2019, 06:18:56 PM
#6
1;WHY Do we have projects that places restriction for investors from certain regions.
It's because they have certain rules and regulations that they have to obey base on their geographical location. Not just because crypto is meant for everyone, they are also good in breaking the rules of law of their country.

2;Why do some project owners ban some regions from participating in the Marketing campaigns of their project but Rather allows such people to invest in their project.
I'm not aware of this, if for the marketing maybe they already have someone or a certain agency dedicated for the marketing on that specific region. Since they are allowing investors from that region to invest that's the closest possibility that I can think of.
jr. member
Activity: 152
Merit: 1
August 27, 2019, 05:58:55 PM
#5
There are regional restrictions because of legal requirements, cryptocurrencies are banned in some countries, and project have to respect that, although users can also register for those bounties without disclosing their real country or region, but it will be at their own risks.
full member
Activity: 1442
Merit: 106
August 27, 2019, 05:01:04 PM
#4
I though that cryptocurrency is Meant for everyone. i thought that one of the reason is to create a decentralized system. for everybody on this planet in need to fight of the centralized economic system. 

1;WHY Do we have projects that places restriction for investors from certain regions.

2;Why do some project owners ban some regions from participating in the Marketing campaigns of their project but Rather allows such people to invest in their project.


Well the first question is understandable but still Not clear to me BUT THE Second, is apt.

i believe regional restrictions are with respect to the region's policies and sanctions as not al parts of the world have come to terms with crypto yet. Lets consider a practical case of india, where the government doesn't make allow the crypto related transactions. it is of no use allowing or even considering a future use for them as it is always not in their sturctural pattern to allow the blockchain technology. But that doesn't mean that they can not change location and become eligible to carry out crypto related transaction. Hence, the need for the to invest also without considering their location.
member
Activity: 812
Merit: 10
BountyMarketCap
August 27, 2019, 04:51:39 PM
#3
We have to accept the fact that we are moving away from the decentralized and borderless concept of crypto and this is due to many projects want to be compliant with local governments rules and regulations and also some international monetary agancies, although this can be good for compliance and legal terms as it will help to afopt crypro by more and more people but at the same time it does effect negatively the basic concept of crypto.
jr. member
Activity: 35
Merit: 1
August 27, 2019, 04:44:47 PM
#2
It may forced to do this by the countries the projects registered, and they should follow the law.
But if the project did not register anywhere ( and this may be risky project) you will not find this restrictions.

jr. member
Activity: 280
Merit: 5
August 27, 2019, 08:31:03 AM
#1
I though that cryptocurrency is Meant for everyone. i thought that one of the reason is to create a decentralized system. for everybody on this planet in need to fight of the centralized economic system. 

1;WHY Do we have projects that places restriction for investors from certain regions.

2;Why do some project owners ban some regions from participating in the Marketing campaigns of their project but Rather allows such people to invest in their project.


Well the first question is understandable but still Not clear to me BUT THE Second, is apt.
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