Topic: DO WE NEED TO REGULATE ICOs? - page 5. (Read 24801 times)
I think that ICO regulation is necessary, since too many people become victims of fraudulent ICO, or just weak projects. To prevent this, it is necessary to minimize the number of such ICO.
I only invested in two ICO but judging from what I'm reading there's a lot of scams and failed ICO because some of these ICO's are just a copy of an old or existing project, people really are making ICO their cash cow.
It seems to me that regulation and crypto industry is impossible. I am fully confident that the government will not be able to affect the quality of some projects.
They will surely try but it is going to be a real challenge for them to try to regulate something that was specifically designed so they could not regulate it and when you add that many of the people that are in cryptocurrencies are doing it so they can be free of government control then you have a series of problems that will be very difficult to overcome for any government around the world.The project devs will also always taking things into consideration when it comes to regulation since their project could easily gone into dust when they caught.
It seems to me that regulation and crypto industry is impossible. I am fully confident that the government will not be able to affect the quality of some projects.
They will surely try but it is going to be a real challenge for them to try to regulate something that was specifically designed so they could not regulate it and when you add that many of the people that are in cryptocurrencies are doing it so they can be free of government control then you have a series of problems that will be very difficult to overcome for any government around the world.The project devs will also always taking things into consideration when it comes to regulation since their project could easily gone into dust when they caught.
At this point of time, yes we really need to regulate it now, the ICO is saturated by bad ICO and many more scam ICO are coming some are caught and some will escape and investors will continue to lose money if something is not done another more year like this and there will be no more ICO.
It seems to me that regulation and crypto industry is impossible. I am fully confident that the government will not be able to affect the quality of some projects.
They will surely try but it is going to be a real challenge for them to try to regulate something that was specifically designed so they could not regulate it and when you add that many of the people that are in cryptocurrencies are doing it so they can be free of government control then you have a series of problems that will be very difficult to overcome for any government around the world. for the long term, perhaps the impact of regulation is tax and finally the increase in fees that must be paid. but this is even better because the guarantee of fake ico will get thinner. with a clear legal basis, the protection of consumers, investors, traders and bounty hunters is clearer.
I will always look on the bright side, there are many benefits that we will get when an ico project can be made a regulation specifically regulating it. the security of the project is far better and it can avoid scammers. this is actually needed since now, but there are still many countries that are monitoring. the benefits of regulation will be very obvious in the future, that is, when a digital financial system becomes familiar to many people.
for the long term, perhaps the impact of regulation is tax and finally the increase in fees that must be paid. but this is even better because the guarantee of fake ico will get thinner. with a clear legal basis, the protection of consumers, investors, traders and bounty hunters is clearer.
I will always look on the bright side, there are many benefits that we will get when an ico project can be made a regulation specifically regulating it. the security of the project is far better and it can avoid scammers. this is actually needed since now, but there are still many countries that are monitoring. the benefits of regulation will be very obvious in the future, that is, when a digital financial system becomes familiar to many people. ICO should be regulated and it will be so. STO should be a new type of legit ICOs with many legal requirements and maybe it will be as succeed as ICOs in 2017. I'd like this to be so, but the reality could differ a lot from what we want) In total I think that regulation is a positive thing for maturing of the crypto market.
Have you seen STO? and it seems like you have no point about what STO is. STO must registered on the regulators before you can call it a real STO. Latest STO called Bolton coin was being a scam STO. That means there was no a lot of differences in ico or STO.I think regulating ICO is not really necessary because of it's nature as digital assets and difficult to account someone when it comes to security due to anonimity. What is needed to identify whether the ICO is legit or not is what people wanted to be solved. Right now ICo are not that trusted by most of investors wanting to gain profit through digital businesses.
Government must be want to protect peoples investment and take advantages from ICOs. Last year, many scam ICOs and make people lossing their investment and if ICOs regulated, this can be reduced
for the long term, perhaps the impact of regulation is tax and finally the increase in fees that must be paid. but this is even better because the guarantee of fake ico will get thinner. with a clear legal basis, the protection of consumers, investors, traders and bounty hunters is clearer.
I agree to regulate ICOs in order to prevent scams just like what happened last year, rampant scam icos are popping out in order to steal money and fraud investors pretending to be a legit project. By doing so, it will benefit us bounty hunters because we are confident that the projects we promote are legit and it can also put assurance to investors that their money are safe.
I think regulating ICO is not really necessary because of it's nature as digital assets and difficult to account someone when it comes to security due to anonimity. What is needed to identify whether the ICO is legit or not is what people wanted to be solved. Right now ICo are not that trusted by most of investors wanting to gain profit through digital businesses.
Regardless of this time, as long as there is profitable, the project of the scam is unavoidable, but they can be restrained by the regulatory authorities.
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 on ICO maybe necessary to protect investors or participants of the ICO.
There were many scam ICOs already, and it keeps making ICO reputation bad. Some regulations about it will be ok.
But it will be back to the investors, whether they want to invest their money on the ICO project or not.
ICO should be regulated and it will be so. STO should be a new type of legit ICOs with many legal requirements and maybe it will be as succeed as ICOs in 2017. I'd like this to be so, but the reality could differ a lot from what we want) In total I think that regulation is a positive thing for maturing of the crypto market.
Have you seen STO? and it seems like you have no point about what STO is. STO must registered on the regulators before you can call it a real STO. Latest STO called Bolton coin was being a scam STO. That means there was no a lot of differences in ico or STO.This is true, but in my opinion scamming with STOs is maybe a little more difficult than with simple ICOs. Anyway, you cannot be sure 100% even with STOs, but since they must first comply with regulations, there is some more guarantee at least.
ICO should be regulated and it will be so. STO should be a new type of legit ICOs with many legal requirements and maybe it will be as succeed as ICOs in 2017. I'd like this to be so, but the reality could differ a lot from what we want) In total I think that regulation is a positive thing for maturing of the crypto market.
Have you seen STO? and it seems like you have no point about what STO is. STO must registered on the regulators before you can call it a real STO. Latest STO called Bolton coin was being a scam STO. That means there was no a lot of differences in ico or STO.
I think regulated version of ICO that called STO will solve these ICO scammers problems.When market recovering we will be able to see growth of STO rather than ICOs. So it will reduce scam projects.
Anything that can stop scam ICO and for legit ICO to succeed is ok with I have a long run of bad ICO that I've participated in that I want a certain regulation if these continues the ICO industry will be ruin, good projects are pausing their campaign and so many scammed ICO coming up.
ICO should be regulated and it will be so. STO should be a new type of legit ICOs with many legal requirements and maybe it will be as succeed as ICOs in 2017. I'd like this to be so, but the reality could differ a lot from what we want) In total I think that regulation is a positive thing for maturing of the crypto market.
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