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Topic: DO WE NEED TO REGULATE ICOs? - page 16. (Read 24783 times)

member
Activity: 442
Merit: 10
December 20, 2018, 01:27:36 AM
I don't think ICO needs to be regulated. The market should be handed over to the market for natural development. It should not be artificially controlled to the detriment of the cryptocurrency market. Bitcoin is always an anonymous currency. forever and always!
full member
Activity: 476
Merit: 100
December 20, 2018, 12:54:19 AM
yes, I think we really need ico regulation, because with these regulations investors feel safer in using their money to fund a project
member
Activity: 616
Merit: 13
December 19, 2018, 11:47:53 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.

absolutely yes, nowadays more ico's really just want to hop in to the blockchain tech trend even if their company did not really need the tech. They just want to hop in to the trend to get the most money out of ico which will become more easy if they are blockchain base.
hero member
Activity: 1470
Merit: 555
dont be greedy
December 19, 2018, 10:40:25 PM
ICO must be regulated immediately, especially regarding team quality and potentially successful products
very much now that ICO only relies on makeshift teams, then launches ICO with products that can be said to be plagiarism over previous ICOs that are considered successful
actually it is very disturbing, where when the ICO has a specific goal, the community should support the running of the project, not divide into competitors
if the rules regarding ICO are implemented, I recommend that only the project with fresh and unique products and services, which can hold an ICO
plagiarism products = do not pass
member
Activity: 532
Merit: 17
December 19, 2018, 09:42:23 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.

Somehow i think ICO need to be regulated in the cryptocurrency world to reduce the number of scam ICOs.
But the regulations should not limiting investors and ICO companies to expand their investment, it is to protect from the fraud and scam activities.
member
Activity: 630
Merit: 10
https://www.cd3d.app
December 19, 2018, 05:15:21 PM
If there is something at stake for everyone that lunched a project in the crypto space, then they will not have the mind of scamming others. If if they plan to scam they will have to lose what they have stake.
The regulation needs to be done in a was that it will give every investor the confidence to invest their money into any project that has direct approval from the regulatory body.
I agree with you because if it is enforced then there will be a deterrent effect for scammer and they will also think for a long time before they decide to cheat, if there is no firm action then the scammer will become more and will make investors afraid to invest ICO is dead
full member
Activity: 671
Merit: 103
Moni
December 19, 2018, 05:02:00 PM
For sure we do need to regulate ICOs.
Point is that there is probability that regulated ICOs won't be so attractive as other instruments on a market and this sphere will die.
This is my opinion on ICOs regulation
sr. member
Activity: 980
Merit: 252
December 19, 2018, 04:47:02 PM
We do need regulations for ICOs, it is used to project investors and kill all scammers. ICOs with fully regulated will let investors from all countries to invest in ICO with cryptocurrency and fiat. It helps ICOs to have more investors, they will gain more funds to develop their products.
If all the conditions for the regulation of ICO are created, it is even difficult for me to imagine how many investors will join the investment.As soon as I learned about the ICO, I was simply delighted with this idea to attract capital for the development of business.Nowhere in the world has there ever been such an opportunity which is now available to almost everyone.But where there is a lot of money there will always be big scammers who create all the prerequisites for scaring investors.Once this ballast is destroyed, we will all be amazed at the capitalization of the cryptocurrency.Therefore, I believe that ICO regulation is a must.
member
Activity: 574
Merit: 11
December 19, 2018, 04:39:49 PM
Of course, otherwise we will get a huge number of scammers who will fraudulently collect money while no one will punish them
hero member
Activity: 868
Merit: 500
December 19, 2018, 04:34:54 PM
With the level fo abuse and scam in the space, regulations is overdue. For me for the ICO to still be attractive investment for people, they need to know they will be protected, alot of people have lost money this year because they were sold dreams and those dreams havee turned to nightmire now
member
Activity: 490
Merit: 10
December 19, 2018, 03:03:19 PM
Of course it is necessary, because so many frauds were divorced in the crypto industry. Government regulation is just necessary.
member
Activity: 644
Merit: 10
December 19, 2018, 02:58:49 PM
Yes, we should regulate all ICO's and this will benefit the investors and for them to get protected by scam projects. We need projects that are fully compliant and this will give the investors an assurance to their investment and this will also the key for the project and their ICO to be successful.
jr. member
Activity: 784
Merit: 6
December 19, 2018, 02:57:50 PM
If there is something at stake for everyone that lunched a project in the crypto space, then they will not have the mind of scamming others. If if they plan to scam they will have to lose what they have stake.
The regulation needs to be done in a was that it will give every investor the confidence to invest their money into any project that has direct approval from the regulatory body.
full member
Activity: 784
Merit: 101
The World's 1st Waste to Green Energy DLT Project
December 19, 2018, 02:39:03 PM
For me, regulation is important, considering that so many projects have ended up being fraudulent. However, if there are other ways outside the regulations of the government, it is better. So that crypto identity, which is decentralization, can be maintained
sr. member
Activity: 1736
Merit: 306
December 19, 2018, 02:15:56 PM
Sata agreed, it seems that now is the time to make a regulation for ICO, so that people do not arbitrarily make an ICO, there must be a clear vision and mission, and of course there must also be legal protection.
so that frauds under the guise of ICO no longer occur, just imagine, how many people have been harmed.
full member
Activity: 532
Merit: 100
December 19, 2018, 01:57:53 PM
It looks like the ICO has reached a level where investors have completely lost interest in investing. It is possible that the regulation will not be needed in the coming months.
This is a fact that most people recognize today. Surely, we can only say that today people would like to invest only they are simply afraid that something can happen. We are waiting for new events that will be able to change the market.
Most of those who invest before already losses their trust as how the market showing right now, we do need more assurance to avoid being victimized by those scammers who's haunting around, this regulations might help if being implemented very well and if the project is for real surely they won't be bothered just in case this will happen.
You have correctly identified the problem. Today, our problem is scam projects, there are a lot of them today, and it is they who today discourage all desire to invest in projects that we like, because these projects can be scam projects.
there is such information that STO, which will be controlled by the state, will replace the ICO companies. In this case, cryptocurrency investments can be safer.
full member
Activity: 728
Merit: 104
December 19, 2018, 01:11:54 PM
It looks like the ICO has reached a level where investors have completely lost interest in investing. It is possible that the regulation will not be needed in the coming months.
This is a fact that most people recognize today. Surely, we can only say that today people would like to invest only they are simply afraid that something can happen. We are waiting for new events that will be able to change the market.
Most of those who invest before already losses their trust as how the market showing right now, we do need more assurance to avoid being victimized by those scammers who's haunting around, this regulations might help if being implemented very well and if the project is for real surely they won't be bothered just in case this will happen.
You have correctly identified the problem. Today, our problem is scam projects, there are a lot of them today, and it is they who today discourage all desire to invest in projects that we like, because these projects can be scam projects.
hero member
Activity: 888
Merit: 500
December 16, 2018, 01:29:10 PM
Of course we need people or programs that will check the documents and the project itself that administrators provide to people , as I think all have a right to know the admins and their documents

I have always thought of independent organizations to test the quality of projects. Unlike current ICO rating sites, they give a very unjustified rating, as ICOrating is one of the worst websites to choose to consider a good project.
member
Activity: 672
Merit: 22
December 16, 2018, 11:54:20 AM
I can't imagine Cryptosphere accepting regulations... I think we have to imagine another way to make ICOs safer.
Maybe there a complete field to explore for ICO checker's teams.
member
Activity: 364
Merit: 37
PRIVACY WITHOUT COMPROMISE
December 16, 2018, 11:38:08 AM
Ofcourse we need it, and we need it as fast as possible, because this sphere develops quickly. Prjoects should be responsible for their dids and for the investors money
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