Topic: DO WE NEED TO REGULATE ICOs? - page 22. (Read 24783 times)
Yes, pal why not ICO's project should be regulated with decent strict rules as if most of the scammers won't dare to harm investors. People in cryptocurrency need to be concerned to regulate ICO's project regularly with a very active way. It will help to increase more investors in ICO's projects.
It seems that without regulation, only scammers come to the ICO market, who again and again launch different ICO scam projects. So I agree with you.
Although I very much hope that the ICO project can be regulated, it is almost impossible to achieve because many countries are reluctant to admit the existence of cryptocurrencies!
On the one hand, yes, if there is a registration, there will be less Scam projects and the probability of paying tokens will be higher. But on the other hand, with the introduction of the redirection there will be no big jumps as before. And you can not quickly and earn a lot as before.
Scam ICOs ruining the ICOs market and investors are also afraid to invest in ICOs that's why many projects are failing to achieve even soft cap. So I would say there must be some regulation in ICOs so that one can not be scammed and that way ICO market will also flourish again and it will definitely help to gain the investor confidence. If there is not some kind of regulation in coming months then we will see more downfall in the ICOs market because scammers will ruin the market. Only some kind of regulation stops the scam project launch for ICOs.
Yes we need to regulate ICO's to filter them because there are thousanda of coin that were providing the same service. Also, this might filter scam ICO's and that could be beneficial for everyone. There should a team that were tadked to approved an ICO so that they can check the legitimacy of it.
Of course it is necessary, because a lot of scam there. For example, two ico issuers recently settle Sec registration charges. I think this is a good precedent.
The regulation of the ICO may be very difficult to achieve. But this is necessary. When the ICO is formed, there will be a large number of investors pouring into the ICO, but this may be a way of ICO securitization, which may be the future STO. For the future we are all unknown and can only wait patiently.
So far, the regulation for ICOs are still weak. There is no certain ICO that ensures that they are not scams or failed. We cannot determine to regulate the ICOs and follow the rules. ICOs are very wide and many people behind the ICos are working on. They may bring the certain possession to offer their ICO. But we are still difficult to regulate them and ensure that they are legit. I don't have any ideas to regulate them exactly because they also have rights to do so.
Yes, I believe that it is necessary to do something about it. Fraud becomes very many and sooner or later this will come the end of the. In any case, there will be some regulator of this, it's just a matter of time.
Your idea to regulate ICOs is interesting. But the question are (1.) Who will regulate it? (2.) Is the regulation applicable?. I support your idea, but it seems we need to think deeply about the questions.
With the spate of scam ICOs in the space in 2018 especially and how much people have lost to fraudsters who took undue advantage of the high liquidity in the market at the time, it wouldn't be out of place to regulate ICOsto ensure that only the genuine ones eventually conduct ICOs and there are stiff penalties for the crimminals
I think that all will answer now Yes, because we are all tired of the continuous flow of slag, which for more than a year began to occur. There are no normal ICO. Regulation is necessary!
I could remember, this same issue was discussed among my friends, but most of the are of the opinion that it should not be regulated, because that is what gives them their money. Regulating means there won't be money for them and they see it as a game. My opinion is quite different, because not every developer can be trusted. So it should be regulated in order to protect investors.
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 your idea is very good. But my question is, are you ready with your own idea. Honestly I'm not ready for your offer. I think we still need a lot of ICO in the future. There will be many companies in this world who need a transaction system using blockchain. Is it enough for a thousand or two thousand coins to manage exchanges in this world? I think the total coins today are nothing compared to the future needs.
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.
I buy into this idea, even some that has the capacity to make it to the top ends up dying on the way. If you have good suggestions of projects that will have a good product to offer we will be glad to hear it from you.
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.
sometimes this is also reversed with the situation, a project that has less funds actually has the potential to be a good project because even though we might consider it, ideas and investments are almost the same as others, their strategy to market it is better. regulation for ICO seems to be the thing needed as a sign of verification and avoiding scam projects
What we need to do the most at this time is to prevent and stop the ICO scam is going on a lot in the market. It is these ICOs that cause huge losses to investors as well as bounty members. If this situation continues, there is a big possibility that by 2019, people will no longer have trust in ICO.
No matter how we try to regulate it, fraudulent projects will still appear. This will not be completely avoided. But I think that gradually with the development of crypto we will come to some kind of regulation. The issue of fraud will be resolved somehow.
I strongly advocate for a complete regulation of ICOs to weed out potential scams and fraudulent ones the market had been flooded with ICOs that have similar projects that can't compete with other cryptos in the ecosystem although decentralization might not give room for the actualization of a complete regulations.
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