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Topic: DO WE NEED TO REGULATE ICOs? - page 12. (Read 24761 times)

member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
January 06, 2019, 03:52:30 PM
I totally agree with you on this. I think for cryptocurrency to really go mainstream and attract more investors, then there have to be some regulations in place to check the rate of ICOs scam and also to make cryptocurrency a more reliable market.
sr. member
Activity: 854
Merit: 250
January 06, 2019, 03:46:44 PM
We really need to regulate ICO, otherwise the ICO market will end. Look at what is happening with the ICO market now; no sane person will invest money in such a market.
Pab
legendary
Activity: 1862
Merit: 1012
January 06, 2019, 03:32:30 PM
Why not .If regulation will be done well than investors can avoid pure scams
I know EU will have his licensed iCO up to 10mln euro hard cap
Second biggest German stock exchange will launch his crypto exchange to trade those ICO
Other thing will be security ico what will come mostly from USA
It is natural development ICO is very good idea but all that scams destroyed ico market and have very negative impact on all industry
full member
Activity: 854
Merit: 102
MoonDeFi
January 06, 2019, 03:23:02 PM
Yes, I really agree with you, ico regulation is really necessary because today there are a lot of fraudulent projects and a certain regulator is simply necessary, as there are many promising investors who believe in this area, and for the negative experience they just leave.
full member
Activity: 616
Merit: 100
January 06, 2019, 02:40:40 PM
I believe that it is necessary to regulate, given that many projects were fraudulent. However, if there are other ways beyond the rules of government, it is better. So the crypto identity, which is decentralization, can be preserved
sr. member
Activity: 476
Merit: 262
EOSABC
January 06, 2019, 02:36:01 PM
I think at this moment some basec regulation is really needed at least for icos. Cause in last year we saw massive amount of scam and failed project due to lack of devlopment which is not good for this ecosystem. So some basic regulation from government like before publishing ico a review of team is needed, kyc of investors as long as team, proof of funds. And if government regulate is maybe this decentralized stuff will destroyed but many people who new to this ecosystem will able not to lose money.
full member
Activity: 602
Merit: 100
January 06, 2019, 01:46:04 PM
I think that some sort of regulation is essential, like doing public KYC for team members and making some machanism that can automatically fund back money to investors if project reveals a scam... smart contracts can do this....it's just a matter of time I think...
sr. member
Activity: 714
Merit: 253
January 06, 2019, 01:36:50 PM
I have seen many promising projects that have focused on this task. There are many developers who have already expressed their ideas. need a project on the blockchain that can keep statistics.
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
January 06, 2019, 03:27:09 AM
Can you say clearer? I feel you want to mention a project. If so, share with everyone to discuss.

I find it different from you that those people are talking to each other just about what the newcomers usually do and somehow have to do that, they want to cross the line to keep real and fake, they want to do it with a difference, I see they are intentionally.  Grin
full member
Activity: 854
Merit: 104
January 06, 2019, 03:18:52 AM
Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.
We definitely need to regulate the activities of ICO, but first of all in order to get rid of fraud and protect the rights of investors, to establish clear rights and obligations of participants in these relations. However, the activity of the ICO should not be regulated in terms of whether a certain ICO should or should not be carried out. Any ICO should have a right to exist and only investors and the cryptocurrency market can give them a proper valuation. The regulator should not intervene in the question of the appropriateness of certain types of ICOs.
member
Activity: 252
Merit: 10
January 03, 2019, 02:38:42 PM
There is no other way to protect the market from different scammers, because it is getting very strange with so much scam projects. People do not want to take part in ICOs and the main reason are the fraud projects.
member
Activity: 840
Merit: 40
January 03, 2019, 11:22:32 AM
Yes, We need regulations for ICO's because this way scam ICO's can not come to the market as they have to follow the rules and it is not possible to any ICO to scam people and only genuine ICO's will come to this market.
jr. member
Activity: 377
Merit: 1
"AMANPURI●ultimate exchange"
January 03, 2019, 10:29:07 AM
Regulation for ICO is very much needed and there must be an Agency that has the task of checking. With the existence of the Agency, it is certain that fake ICOs and people who will commit fraud can be lost. And everyone will find it easier to invest so that they can provide big profits.
hero member
Activity: 966
Merit: 500
January 03, 2019, 10:10:21 AM
I think it is very necessary to supervise the ICO project so that the scam can be eliminated. For most scam projects, they don't need to publish information about team members or directly falsify.
member
Activity: 322
Merit: 10
Proof-of-Stake Blockchain Network
January 02, 2019, 06:59:02 PM
In the crypto market in recent times there are a lot of scammers. Most of them create their own ICO and deceive people who invest in them. I think that legislative regulation of ICO will reduce the number of scammers in this area.
jr. member
Activity: 308
Merit: 1
January 02, 2019, 06:31:00 PM
If you look at 2017 and 18 years and see how many scams I would agree that we need regulators to the creators were responsible for their projects !
sr. member
Activity: 840
Merit: 254
January 02, 2019, 06:18:36 PM
Some low level of regulation should be positive for the market of icos but that is probably not going to happen, what we are going to see is the government applying very heavy regulations in the market in an effort to destroy it and when the developers see that they will understand what the governments are after and they will stop following the regulations established by governments.
jr. member
Activity: 262
Merit: 2
January 02, 2019, 06:17:36 PM
Special arrangements for ICO have not been done because crypto itself is decentralized, but now it has started to improve with the existence of KYC on the ICO and also new exchanges which will reduce fraud and other scams.
full member
Activity: 658
Merit: 100
January 02, 2019, 04:59:27 PM
as i see the sec is doing a great job in the ico space to limit at least the number of scam here .. but sooner or later this space will be regulated to protect new investors Smiley
member
Activity: 392
Merit: 10
January 02, 2019, 04:57:04 PM
I doubt that the ISO industry will survive. Perhaps the regulation of such an industry is no longer relevant.
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