DO WE NEED TO REGULATE ICOs? - page 13.

basyang

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Quote from: Kelvinikke on November 14, 2018, 10:04:45 PM

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.

In my own opinion, we need to regulate the ICO projects to have a good rules in the community. We need a regulation to have a good flow of an ICO. We need regulation to know our rights about the ICO and this is also the basis of the participate if they are willing to join or not. Having a regulation will avoid us from scamming.

FLHippy

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Yes - if we want protect investors.
No - if we want protect the true vision of cryptocurrencies.

It is hard to decide which one is better. But I think, that free market is much more interesting than reguated market.
Free market will choose what is the best. Regulated market will tell you what is the best.
Do you see the diffrence?

Fury Road

jr. member

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the most important fact is Investor protection. If we have regulations in this realm: The information provided to investors will be more reliable, as developers would be liable for misrepresentations about their projects. Developers would be obliged to actually do what they claim to do.
Moreover, exchanges will now have to comply to relevant regulations on the trade of securities as well.
Pump and dump schemes and order spoofing will become less prevalent, as exchanges will have to comply to the stricter regulations that apply when selling securities.

valek.bruno

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Quote from: nlaara12 on December 26, 2018, 04:01:00 AM

If regulating ICO will bebefit the crypto sphere why not.Too mant things are going wrong,i guess regulation might help us to get it right.

I support your comment today. I think that today we still need third-party regulation. I think that today, investing should continue in any case, but in spite of the regulation, one should not rush into it.

restumaulana

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ICO really needs strict rules or regulations to regulate all types of activities in collecting funds to protect investors, I hope the level of ico fraud can be suppressed

crzybilly

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I think if we would start to regulate ICOs we would go in the false direction, because crypto was created to go away from the centralised structure and to avoid the third party in transactions. I think we do not need this.

gulshan1

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Many ico are doing scam and collecting eth from the innocent investors who are thinking that ico will give the huge returns in the future but these ico are making fool the investors and running away from the market and investors can not take any action against the cheaters. So, Ico must be regulated and licensed from SEC. Other wise do not give permission to enter into the crypto market.

jyotianand01

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I am of the view that the regulations will come to the ICO market to eliminate fraudsters as many ICO's go scams and if regulations come into force then no one can scammed investors as he will be punished under the laws.

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

ICO regulation will help to enhance the value and product release, without regulations there wont be control for developers, when there is control in the space you can be sure to have valuable project introduce into the space.

creeps

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Quote from: changxia on December 26, 2018, 05:06:37 AM

Since I participated in the bounty, I have always hoped that the ICO project will be supervised because I know that the ICO scam wastes most of the hunter's time, and the scam also makes investors afraid of crypto.

This should be the main concern of regulating ICO’s. Too many fake projects, and greedy people that affect much the reputation of cryptomarket. Good ICO’s are also affected by the fake one, so we really need a strong regulations to have a better technology in the future. Though the risk is always there when it comes to investing but this must be address before it ruin the trust of many investors.

sappel99

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Quote from: Augustyusuf on December 26, 2018, 04:59:13 AM

of course we do, because i think it can reduce of possibility fake ico out there running their scam project to rob many people.

Exactly my point.

Some sort of regulation is needed, to keep it a safe place, mostly for new people.

changxia

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Fast, Smart, Trustworthy

Since I participated in the bounty, I have always hoped that the ICO project will be supervised because I know that the ICO scam wastes most of the hunter's time, and the scam also makes investors afraid of crypto.

Augustyusuf

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of course we do, because i think it can reduce of possibility fake ico out there running their scam project to rob many people.

Johnzky

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This has been my stand Since i learn about altcoins and tokens that this area of profiteering (in which we called ICO project)must be regulated ,because tons of complaints and hundred of thousands if not millions are crying for justice being a victim of this scammers,not to mention those campaigns participants that has not being paid for their services and works,i am hoping that there must be a good step forward to prevent this from happening again and again

keanne_isaac

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Quote from: Sevarchik on November 15, 2018, 02:17:03 AM

Regulating ico will be good, but it very hard to reallize in decentralized world.
Scammer found new ways if you start regulate him.

That should be the best thing to do to lessen the chances of scammer to victimized investors. This year wasca worst year for ICO majority are not been listed to marker or prices drops hard becauase even new couns are affected by bearish market condition.

nlaara12

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If regulating ICO will bebefit the crypto sphere why not.Too mant things are going wrong,i guess regulation might help us to get it right.

manbota

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I am fully convinced that the ICO market has long been in need of effective regulatory principles. Unfortunately, it is difficult to come up with any real means of regulation. I very much hope that such methods will appear in the future and will restore confidence among investors.

Bagani

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Quote from: Kelvinikke on November 14, 2018, 10:04:45 PM

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.

Yes I think the term "STO or Security Token Offering" are the ones called regulated ICOs. And for me this is the trend next year, so check out the projects that are used for platform for STO like Ravencoin and Polymath. I think this project will rise just like Ethereum when ICOs rise.

CaVO32

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Quote from: Pontorez on December 26, 2018, 03:40:18 AM

Quote from: Kelvinikke on November 14, 2018, 10:04:45 PM

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.

Of course, the ICO market today needs new regulatory principles, reducing fraud and investor risk. Thanks to this, it will be possible to restore confidence among the participants and increase the total amount of investment. I really hope that such changes will occur in the coming years.

that would be nice if in case there will be some sort of restrictions when running ICOs. less fraudulent projects though I can say that there will still be scammers on the move. but the big question is how and who will implement such regulations? this idea is still punch in the air though...

Pontorez

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Quote from: Kelvinikke on November 14, 2018, 10:04:45 PM

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.

Of course, the ICO market today needs new regulatory principles, reducing fraud and investor risk. Thanks to this, it will be possible to restore confidence among the participants and increase the total amount of investment. I really hope that such changes will occur in the coming years.

Topic: DO WE NEED TO REGULATE ICOs? - page 13. (Read 24801 times)