Topic: DO WE NEED TO REGULATE ICOs? - page 23. (Read 24783 times)
Definitely, I, too, for the fact that the ICO would be regulated very seriously. I would even suggest that ICO projects must obligatory pay to bounty hunters
we have decentralisation, but I agree that need to regulate ICO's because now is too much scam projects and it bad reputation for all ICOs
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.
Regulation is good but you might not like it. If this market starts being regulated, you might be the one who will start complaining that the way it is now is better than how it will be then. Yes we know that not being regulated can cause some problems, but these are problems that we can easily solve ourselves. There is no hard job in telling what’s scam and what’s not. And if there are similar ICOs then you should go for the original which is the first.
These days, many projects are coming up every month, most of these projects are not legit, so i think that it is necessary to regulate ICOs. If some sorts of regulation is put in place then we would see many legit projects.
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.
Now we need government regulation of ICO projects in order to streamline this activity at least a little. Now the ICO teams have let loose so much that they no longer feel any rules for themselves and therefore, in terms of joining their campaigns of generosity, they write that they can change any rules at any time. This should not be. Government regulations should establish clear rules for all ICO members and at the same time identify each member of the ICO team and take other measures to avoid incidents of fraud. To interfere in the feasibility of an ICO state should not.
indeed technology is now increasingly advanced, but we know that technology is not like humans who can think and feel,
if ICO is regulated by technology, then their SCAMMER developers will also think about how to get past that technology (masternodes)
but if we can entrust to a centralized party, it also becomes a separate risk for everyone, because there is the potential for a distorted conspiracy to emerge.
if ICO is regulated by technology, then their SCAMMER developers will also think about how to get past that technology (masternodes)
but if we can entrust to a centralized party, it also becomes a separate risk for everyone, because there is the potential for a distorted conspiracy to emerge.
Definitely! We need some regulations because I am sick of projects, that cannot collect their soft cap or projects that are turning to be a scam. There is a need in an institution that will force the ICOs to deposit some percentage of their tokens to avoid being delayed or scammed.
Of course, you need to regulate ico projects is 100%. After the laws come out, it will become easier for investors and their risks of losing money will decrease, but they will pay taxes. In the end, there will be fewer such projects that collect money and disappear.
There are many scammers among the organizers of the ICO who have discovered the source of easy money and are using it with might and main. Therefore, ICO regulation should become one of the top priorities.
It is true that there are lots of potential scam ICO's that pops up every day which results to an increasing number of investors getting scammed, but I don't think that ICO regulation will work, it will just defeat the purpose of decentralization. The only thing we can do is to educate ourselves on how these ICO's really works to reduce the increasing number of scam cases. If this researching skill be mastered there is no need for the regulation.
Definitely all icos are need to be regulated. First of all we must get rid of scam icos, it is very important in terms of trust in the market. The biggest destructive effect to crypto currencies is scam icos. Then, we must eliminate copy projects.
those who really need regulation or security in ICo need to be done so that there is no more fraud in the ICO project. it can be done by this forum team, for example this forum makes escrow. dam, I'm sure this will work.
I think the ICO market needs regulation and is strictly regulated, not just taxes! Therefore, we can save and attract more investors! It also allows fraudsters to be punished!
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.
for example, we will create an organization that will monitor the release of ICO projects, each ICO should confirm that they are not scams, but where guarantees that this organization will not take bribes tomorrow to put high marks, my opinion is that we should learn to distinguish scams from standing ICO.
WTF with these scam icos?!!!!!!! They just give bad reputation to our precious crypto market!
They have to stop yep.
They have to stop yep.
Because ico's are largely decentralised it would be difficult to establish a regulatory body. Ethereum may introduce a refundable investment platform to prevent further scams
Regulation has alrady started, why do you think that citizens of the United States or China are inelligible to take part in ICO? further regulations on participation, and proof of background by companies wishing to launch would be a positive step. I don't however see a need to regulate on coins just because it is a similar concept to another, how would you ever get competition if only 1 shop was allowed for each product?
Regulating ico will be good, but it very hard to reallize in decentralized world.
Scammer found new ways if you start regulate him.
Scammer found new ways if you start regulate him.
there is the need to because of the scam. although we oppose the regulation but there are just so much scams besides this regulation will also help us in a ways because this will lead to adoption in the near future. by SEC regulation, the team that is planing to do an ICO will have to be registered to where they are base on. say they are from Singapore so they'd have to be SEC registered in the government of Singapore.
If we really want to develop the sphere of ICO and the all crypto world, then regulation is necessary. This is necessary for example for the participation of big investors and to reduce risks.
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