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Topic: DO WE NEED TO REGULATE ICOs? - page 6. (Read 24783 times)

member
Activity: 476
Merit: 10
February 14, 2019, 05:32:05 PM
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.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
February 14, 2019, 05:16:00 PM
It is hard to say but i think regulation of ICOs is very necessary as this would help curb the the number of scam projects in the cryptospace. Again, i think people should also be enlightened about the investing into ICOs that actually have a working product or a real life asset backing the liquidity of its utility token.
A lot of unprofitable  ICO exist in the market  cause nobody have taking in-charge to hold them. But once we regulated, it could be a big hope that it will stop or it could be minimize its numbers. Mostly ICO's doesn't have a working product right now and it happens that after their selling periods they'll turn into a scam. It is our own decision to invest with them or not but for me, I won't take a move for them.
member
Activity: 266
Merit: 10
February 14, 2019, 05:07:49 PM
It is hard to say but i think regulation of ICOs is very necessary as this would help curb the the number of scam projects in the cryptospace. Again, i think people should also be enlightened about the investing into ICOs that actually have a working product or a real life asset backing the liquidity of its utility token.
sr. member
Activity: 840
Merit: 254
February 14, 2019, 04:59:07 PM
of course it need, because it can greatly help to eliminated the scam and fake one ico, who nwant to cheated us.

That is what they are using to tempt people into accepting regulations but believe me nothing is going to be solved and we are going to have two problems, the first problem will be the scammers that will always find a way around the regulations and the other will be the regulations themselves that will not allow the freedom we have to invest in whatever project we want like what we have now.
member
Activity: 350
Merit: 10
February 08, 2019, 06:04:51 PM
I think that the regulation of ICO is definitely necessary for the cryptocurrency market and I hope that in 2019 the situation with ICO will change.
jr. member
Activity: 322
Merit: 2
February 08, 2019, 06:00:55 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.
I would also say yes. I would also like to insist that no crypto project should even conduct an ICO to launch a project. They should have the base capital required not using the ICO crowdfunding..
hero member
Activity: 2282
Merit: 505
February 08, 2019, 05:58:15 PM
Yes i like the idea about regulation for ico. There will be many benefit if ICO have a regulation. Like, investor will trust and spend their money on it. The number of scammer will decrease, and as bounty hunter will guarantee to be pay from company.
STO will solve all these problems and stop the ICO scam, and the fact shows that there are currently many ICO scam running because they still have not applied STO to their project
It will not solve anything from ico, How can you tell me which is the project that already registered on the regulators and which are not? In fact the regulation like verification will prevent the scam ico and that's the point.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
February 08, 2019, 05:50:44 PM
By following the recent ICO market, I think yes we need regulations to avoid the scam and fund losing! Like many ICO projects are turning into STO and that is the good decision right now! Because I don't want to invest in any ICOs, why should I go for losing my money by investing there? I don't have much money to waste or test my luck! That's why I will go through only STO this year, so personally, I think we need regulations.
sr. member
Activity: 476
Merit: 262
EOSABC
February 08, 2019, 05:06:02 PM
I really want a regulation on the icos market. Cause in last year many people and investors lost their money. Cause their are too many scam ICO in that market. They just looted general people. And there are many project which is good at ICO stage but in development stage they just failed . so if a regulation will come it will help out to choose the right project for me. I think regulation will help to decrease the bad icos entry. And this ecosystem will grow better than every.
member
Activity: 560
Merit: 10
February 08, 2019, 04:32:37 PM
I think the ICOs really need regulations because this longest bear market is partly due to the numerous scam ICOs that has stolen a lot of investors money.
member
Activity: 364
Merit: 10
February 08, 2019, 04:17:22 PM
Many people think that the regulation of ICOs can protect us from fraudsters. But I do not think so. It seems to me that the quality of ICOs will not improve in this case.
member
Activity: 1344
Merit: 10
February 08, 2019, 03:18:11 PM
Regulation by the regulatory authorities is definitely needed. After all, this in turn will bring new big money to the market.
sr. member
Activity: 602
Merit: 251
February 08, 2019, 03:10:46 PM
I think we will lose the main point of crypto currencies. For sure we need to find a way of how to protect investors from participating in scam projects, but it should be done with our own forces without any centralised party that would regulate the whole crypto world and make it centralised.
full member
Activity: 700
Merit: 100
February 08, 2019, 03:06:42 PM
As I understand it, today there are really a large number of people who support the idea of ​​investing. Probably there is a need for this, as the scam projects have become very much. We need to try to do it.
whatever it is for the sake of crypto to be better then I think it should be tried as long as it makes sense, but every regulation must be fair to everyone so that it will not cause someone to be harmed especially investors because it can make investors less and less
full member
Activity: 602
Merit: 100
February 08, 2019, 11:40:15 AM
As I understand it, today there are really a large number of people who support the idea of ​​investing. Probably there is a need for this, as the scam projects have become very much. We need to try to do it.
member
Activity: 280
Merit: 14
February 08, 2019, 10:54:14 AM
With the very high scam rate in the initial coin offering I would surly be in full support to having initial coin offering regulated but if the security token offering can work out it would be a good alternative
sr. member
Activity: 812
Merit: 250
February 08, 2019, 10:51:44 AM
Yes i like the idea about regulation for ico. There will be many benefit if ICO have a regulation. Like, investor will trust and spend their money on it. The number of scammer will decrease, and as bounty hunter will guarantee to be pay from company.
STO will solve all these problems and stop the ICO scam, and the fact shows that there are currently many ICO scam running because they still have not applied STO to their project
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
February 08, 2019, 10:48:37 AM
Yes i like the idea about regulation for ico. There will be many benefit if ICO have a regulation. Like, investor will trust and spend their money on it. The number of scammer will decrease, and as bounty hunter will guarantee to be pay from company.
full member
Activity: 1260
Merit: 100
February 08, 2019, 10:40:42 AM
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.

Maybe some regulations about ICO will be needed to ensure the investor's funds are safe in the ICO company hand.
Too many scam projects in ICO which already bring trust damage to the investors of cryptocurrency. Regulations will prevent more scam projects i guess.
full member
Activity: 560
Merit: 100
February 07, 2019, 07:10:58 PM
To prevent a massive influx of fraud in the ICO, clear and strict measures are needed to regulate it on the part of the authorities. Developers must be accountable to investors.
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