Topic: DO WE NEED TO REGULATE ICOs? (Read 24801 times)
cryptocurrency with its ICO has long been waiting for mass adoption but it has become really difficult for this to happen since ICO's are not regulated. The only feature that is needed to help ICO's move higher than IEO's is by regulations and without it, ICO' s have a long way to go.
I believe that now is the moment when it will be possible to do this in order to intimidate scammers until the next growth wave, because when the new bubble starts to inflate, the regulators will not be able to fend off a huge number of people who want to fill their wallets dishonestly!
Regulators will not be able to catch scammers; they cannot afford it, because scammers are not fools. Regulators need to collect information about market participants in order to dictate their own rules and make money from it.
That is why I do not want the crypto market regulation.
So you are saying, it is better to give our money to the scammer other than the regulators? I admit I hate them the regulators, but it does not mean we can do something called as a scam to counter them. This is pure bullshit, and regulation is must to those who run the ICO. Because with it, we can prevent an unfinished project or shady company to make an ICO to fool other people. Even if it is unable to filter all of them, at least they can filter almost half of it. And finding real gold among them.
We should have stricter regulations on ICO, which will help reduce fraud projects.
Regardless of this time, as long as there is profitable, the project of the scam is unavoidable, but they can be restrained by the regulatory authorities.
I believe that now is the moment when it will be possible to do this in order to intimidate scammers until the next growth wave, because when the new bubble starts to inflate, the regulators will not be able to fend off a huge number of people who want to fill their wallets dishonestly!
Regulators will not be able to catch scammers; they cannot afford it, because scammers are not fools. Regulators need to collect information about market participants in order to dictate their own rules and make money from it.
That is why I do not want the crypto market regulation.
I believe that now is the moment when it will be possible to do this in order to intimidate scammers until the next growth wave, because when the new bubble starts to inflate, the regulators will not be able to fend off a huge number of people who want to fill their wallets dishonestly!
It seems to me that now our society is more gram-toned and will not fall under scammers. But the regulation of the cryptocurrency market should intensify and fight fraud. 
I believe that now is the moment when it will be possible to do this in order to intimidate scammers until the next growth wave, because when the new bubble starts to inflate, the regulators will not be able to fend off a huge number of people who want to fill their wallets dishonestly!
In fact, there are so many projects with similar missions and most of them even don't have the needed resources to see to the success of their projects but yet still competes with the capable funds when funds are being raised. This is in a wider view has allevated the number of scam projects in the crypto industry and has published crypto out there black and I think its only regulation that can help ICO's regain its much attention as it used to be and bring in more investors to the crypto industry.
ICO activities must be regulated. This should have been done a few years ago, then she would not have come into such a miserable state. First of all, ICOs need to be regulated organizationally in order to get rid of such a high level of fraud in them. I hope that this will happen this year, many states are already preparing to adopt the relevant rules. Perhaps this can again revive this activity, since it is a necessary prerequisite for the rapid development of cryptocurrency.
This is where I thought SEC would really extend services to. Instead of fining erring platforms that conducted ICOs illegitimately or fraudulently, why not mandate a every platform to go through SEC vetting process before launching an ICO.
However, the nature of blockchain is decentralized, and ICOs have somehow shown that when it removed many barriers for fundraising. So I think the rules are mandatory, but it will take time. Currently, the best way is Do your own research.
The ico market and also the cryptocurrency market at large beef to be regulated and this need is getting bigger by the day just as the market is expanding.
The year 2017 saw the creation of a lot of cryptocurrency projects who launched their ICO and of which majority were successful but scammers have recognize the ease of making money in this crypto market and right now the scam project are too much which leads to the calls that the cryptocurrency industry should be regulated and i agree.
The year 2017 saw the creation of a lot of cryptocurrency projects who launched their ICO and of which majority were successful but scammers have recognize the ease of making money in this crypto market and right now the scam project are too much which leads to the calls that the cryptocurrency industry should be regulated and i agree.
There are not too many ICOs today, the majority of the projects are holding IEOs and being verified by top Exchanges, so I do not think there is a must of regulation of fundraising in crypto.
IEOs are taking over with well structured activities which put the whole project on checks and make sure investors get their holdings after making the buy orders. Also, the coin gets the opportunity to be listed on that exchange which facilitate immediate trading if not planned otherwise by the team. However, if other projects intends to hold ICO, then it needs to be regulated in order to meet the standard set by IEO. 
Due to the reported issues of scam ICOs, many investors have refrained from ICOs and in order for ICO to resume their previous market status of success, regulation must be put in place. For ICO to compete with IEO, ICO must be structured and well regulated as IEO. This will be achievable if bodies are set aside to check the authenticity of an ICO before they are allowed to come to the market - here, the collection of personal and professional data of the team must be paramount.
If we will regulate the ICO then we should have the regulation for the CRyptocurrency first.
Are we ready to be regulated? There are so many ICO scammed before!
I think we should move on and have this IEO on good exchanges now!
Without proper education, I can't think they will be able to cook their skills in the live markets. It requires a set of skills that is not transferrable by any trader to another one. IEOs also make conditions easier for the investors, they never will look back in case of the next wave of the increasing token sales with trusted exchange platforms.
ICO activities must be regulated. This should have been done a few years ago, then she would not have come into such a miserable state. First of all, ICOs need to be regulated organizationally in order to get rid of such a high level of fraud in them. I hope that this will happen this year, many states are already preparing to adopt the relevant rules. Perhaps this can again revive this activity, since it is a necessary prerequisite for the rapid development of cryptocurrency.
This is where I thought SEC would really extend services to. Instead of fining erring platforms that conducted ICOs illegitimately or fraudulently, why not mandate a every platform to go through SEC vetting process before launching an ICO.
Due to the reported issues of scam ICOs, many investors have refrained from ICOs and in order for ICO to resume their previous market status of success, regulation must be put in place. For ICO to compete with IEO, ICO must be structured and well regulated as IEO. This will be achievable if bodies are set aside to check the authenticity of an ICO before they are allowed to come to the market - here, the collection of personal and professional data of the team must be paramount.
If we will regulate the ICO then we should have the regulation for the CRyptocurrency first.
Are we ready to be regulated? There are so many ICO scammed before!
I think we should move on and have this IEO on good exchanges now!
we need regulations is crypto space,hopefully i hope the following will happen after regulation takes place in crypto space
1. Very strict rules
2. Qualifiction checks
I believe that lack of strict rules and qualifications in crypto space is the major problems affecting crypto, scammers are roaming freely because no law against building your own project either its for good purpose or bad one
And even we have many developers that are not good enough to lead a project to its success and yet they proceed with fund raising either with ICO or IEO
1. Very strict rules
2. Qualifiction checks
I believe that lack of strict rules and qualifications in crypto space is the major problems affecting crypto, scammers are roaming freely because no law against building your own project either its for good purpose or bad one
And even we have many developers that are not good enough to lead a project to its success and yet they proceed with fund raising either with ICO or IEO
We need a regular ICO, which is simply know as Initial Coin Offering, in the crypto industrial, and which many project has been created with a difference purposed.
We do not need regular or irregular ICOs. The ones who need those things are companies who just want to make profit. Take a look around my friend,,, see the bounty section and see the first 50 threads and tell me how many projects are truly different and have different purposes?
They all want to disrupt this and that. They all want to change the world. That is what they say. But what they really want to do is just raise money and dump.
ICO activities must be regulated. This should have been done a few years ago, then she would not have come into such a miserable state. First of all, ICOs need to be regulated organizationally in order to get rid of such a high level of fraud in them. I hope that this will happen this year, many states are already preparing to adopt the relevant rules. Perhaps this can again revive this activity, since it is a necessary prerequisite for the rapid development of cryptocurrency.
Due to the reported issues of scam ICOs, many investors have refrained from ICOs and in order for ICO to resume their previous market status of success, regulation must be put in place. For ICO to compete with IEO, ICO must be structured and well regulated as IEO. This will be achievable if bodies are set aside to check the authenticity of an ICO before they are allowed to come to the market - here, the collection of personal and professional data of the team must be paramount.
On a brighter note, I will also say yes, ICO's needs to be regulated. ICO's are gradually fading away from the crypto world since IEO's came. The only way ICO's can rise up and compete or survive is for it to be regulated. Without regulation, it will be very difficult for the masses out there to invest in ICO's whiles IEO's are there. ICO's should be regulated to bring mass adoption.
I hope it is not too late for ICO, if in case it will be all regulated, IEO that time will already very popular and I think people will still stick with IEO, unless they still offer limited number of projects like they did now. Compared to the time where ICO was still popular, it was able to attract a lot of investors, maybe if we will compared, ICO can create one thousand project in a certain month while IEO can only create like 200, so it's like in every 100% IEO only creates 20%, that is because of the small number of exchanges where people trust to put their money, and only few IEO are being created in good exchange in a monthly basis.
On a brighter note, I will also say yes, ICO's needs to be regulated. ICO's are gradually fading away from the crypto world since IEO's came. The only way ICO's can rise up and compete or survive is for it to be regulated. Without regulation, it will be very difficult for the masses out there to invest in ICO's whiles IEO's are there. ICO's should be regulated to bring mass adoption.
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