Topic: DO WE NEED TO REGULATE ICOs? - page 8. (Read 24783 times)
For sure, ICOs definitely need to be regulated to rid the crypto community of the huge number of scams that are circulating. This is really bad, so many people have taken advantage of decentralization in crypto and abusing it. I think it is high time we have some level of regulation.
it is not a good strategy to regulate ICO. it will mean taxation. it will completely change the principle of encryption. encryption is decentralized. although it has some drawbacks, the best way is to constrain it through the market.
Ye,it is necessary to regulate ICO because the number of scam since 2018 is getting higher and investor are continuously loosing money day in, day out.
Fraudsters spoiled the idea of ico. Of course, any regulation will cause restrictions, but without regulation it is simply impossible to cope. Regulation is a necessity, thanks to which the ICO market will return to normal.
This is simply no doubt. Today, this is indeed one of the most correct actions that must be taken into account today. Today it is many investors dream about it. But regulation will have to go through the community.
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 totally agree with you. Cryptocurrency needs regulation to minimise the hogwash and repetitive projects flooding the market and decimate scams from faceless individuals running icos
Probably we need it because ICOs were replaced by more regulated STOs. But still some STOs could claim that they are regulated even if they are not. This problem is very complicated because there should be some authority to regulate these tokens offerings.
Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.
Yes, but there is no clear model of regulation, and I think only because of this, everything is so bad and such a large number of scam projects. Because of the tricks of fraudsters, many investors stopped investing in new projects altogether, because there is a big risk of losing their money.
Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.
Until now we have no rules for the cryptocurrency market, so it is difficult for us to have a clear rule for ICO. And if you apply the rule to crypto, it will obviously be very troublesome and of course the investor will not want to participate 
Yes, ICO regulation is necessary. In 2017-2018, investors indiscriminately gave their money to any project. There are a lot of scammers.
who is we?
actually the bitcoin founders already regulate ICOs with their corruption index and that bad enough
actually the bitcoin founders already regulate ICOs with their corruption index and that bad enough
do you mean satoshi nakamoto already regulated ico ? oh wow , how come ? he is a founder of bitcoin and bitcoin is his only creation . he must first regulate his invention before others but luckily he did not do it because he created bitcoin to be partially anonymous . he wants freedom , thats why he didnt like regulations .
as for ico i agree we must regulate them because im also tired of scams and fake projects . they say regulation can somehow prevent those shady projects from spawning .
How will "we"be able to regulate the ICO? If topic starter has any ideas on how to do this, let him share it and the crypto community discuss it. Otherwise, it's just chatter.
Of course, this is just chatter, I can not imagine who can fully take over the regulation and subjugate the entire cryptocurrency market
How will "we"be able to regulate the ICO? If topic starter has any ideas on how to do this, let him share it and the crypto community discuss it. Otherwise, it's just chatter.
The fact is that regulation will not only reduce the number of ineffective projects, but also create a complication for quality projects!
It's a great idea to regulate ICO's as of now since it can eliminate scammers and fake projects in crypto space. But it needs more time and better implementation so that the goals and purpose on this will be perfectly delivered. And they need to ensure and consider first the interest of the people especially to all investors.
I like the idea of public decentralized ICO regulations. This is the best way that most investors can access the data publicly without the possibility that the ICO made it. It will surely bring more security in the crypto-space.
Regulation is tricky thing, you know. People are waiting for regulation, but it looks like they aren't ready for changes.
From my point of view regulation isn't required to be and it is like bad event for all crypto enthusiasts
From my point of view regulation isn't required to be and it is like bad event for all crypto enthusiasts
who is we?
actually the bitcoin founders already regulate ICOs with their corruption index and that bad enough
actually the bitcoin founders already regulate ICOs with their corruption index and that bad enough
ICOs need to be regulated. Because ICOs are good source of generating funds for a project, many people take advantage of that to prepare fake projects just to amass wealth for themselves - the reason for the so many scam projects. Regulations will check and curb all the fake projects that enter the market. It is only through regulations that the true identity and expertise or experience level of the team behind the project can be ascertained.
CENTRALIZED REGULATING BODY! That is the one that I am waiting to read upon reading your post.
Some will say, Blockchain is decentralized, why we should create a centralized regulating body. We are now in a point that we should protect the one that we have established and we need to regulate the ICO if we want to last for years. The protection of the people doing bounty is the main key and we can do that by simply identifying the real existence and identity of the project team.
If there will be really a regulating body for ICO , then it will be good for cryptocurrency, so that it may help minimized or eliminate this scam ICOs which may victims the customers and investors from investing in their scam ICO, the regulation of ICOs is really necessary for the organization. Some will say, Blockchain is decentralized, why we should create a centralized regulating body. We are now in a point that we should protect the one that we have established and we need to regulate the ICO if we want to last for years. The protection of the people doing bounty is the main key and we can do that by simply identifying the real existence and identity of the project team.
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