Freedom for ICOs?!?! - page 3. | Bitcointalksearch.org

dothebeats

legendary

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

I wonder, if a company is really serious on getting their product known, why stick to the good 'ol ICO if there are many other ways to get the brand out? I understand that it's one of the easiest form of advertisement but why would you pursue something that is illegal in most countries, let alone offers your investors little to no security once the crowdsale started? Most of these ICOs popping out are just there to collect gullible people's money and that's it. No matter how legit or how good a project is, if it's done through ICO, then I wouldn't trust it one bit.

Carlsen

hero member

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I do not like the whole concept of ICO.
There may be some that actually have a concept that might work. But the large majority are just there to collect money.
In the end the small investors will pay the bill and lose their money.
One could say it's their own fault if they invest into something they do not understand.
But I do not think it should be made so easy to exploit the naivity of other people.

Peterson410

newbie

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I trust that cutting edge ICO controls are unquestionably not sufficiently extreme, there ought to be no less than a working module of an item before you can begin requesting any speculations. Numerous financial specialists including myself will put resources into them however there are just an excessive number of tricks, so we are extremely mindful. In the event that we can expel the tricks then the ICO biological community will endeavor.

mprepkiah

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

yes you are very right about that, but i have another opinion I think ico is the best way to make our money even though there are a lot of icos / altcoin that come and die, it is an investment risk
the most useful solution is to get to know the ico we will join in, the team working behind the ico is very influential in the success of an icos, roadmap and whitepaper we also have to read to know the purpose of making icos so even though there are many icos we can still judge first ico that we will participate in order not to make us lose our money

stevano

sr. member

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Quote from: alex2011576 on January 25, 2018, 10:28:03 AM

Quote from: alphaomega.f on January 25, 2018, 04:05:13 AM

it will be good if ICOs are actually good if it will undergo regulation since there are actually a huge number of ICOs that is present to just scam and take away people's money without their knowledge. because of that scenario, those ICOs with good vision and intent are generally judged.

Same vision, because I heard from so many people that ICOs are just scammers, but in reality they are able to generate better and more cost-efficient products using decentralized systems.

well now it is time to prove that ICO is not all bad, only part of the person only but let me be safe now it may be in need of a good requirement for the ICO that run is really good and quality in the future, not just for a moment

Gabito04

newbie

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There is actually a need to regulate ICOs. Most of them just see the crypto market as a place to gather easy funds. However, it would be hard to regulate ICO's because trying to regulate ICOs is synonymous with regulating cryptocurrencies as a whole which is against the goal and purpose of cryptos.

alex2011576

newbie

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Quote from: CryptoBry on January 27, 2018, 06:45:40 AM

Quote from: dogandogru on January 24, 2018, 07:12:39 PM

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding. Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.

There is a need for some form of a regulation because in any kind of industry there would always be scam artists who are ready to exploit the platform if it is open to everybody. However, regulations should not be an excuse for the government to kill what has been regulated...there has to be some balancing act otherwise everything would just be futile like what China did last year. We have to let the ICO platform flourish while at the same time flush out those who are here just to exploit the weakness of other people.

Yeah, I believe it is good point, think in the same way. Everything should be balanced!

Hui8

sr. member

Activity: 602

Merit: 259

Quote

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

Whatever you wrote in the OP was perfect analysis of what’s going on with the ICO’s in general. The year 2016 was the hottest one to provide big market for the ICO while the trend become ATH in the year 2017 with innovative and real ideas. Until the middle of 2017 everything started to decline in the ICO because the ratio of Legit:Scam was growing on the right hand side!

About the modern ICO, I would say upmcing ICO, they are the same thing as the previous one and they are making the market more spammy day by day. They are existing today as well because of free giveaways, bounties which people get through forum and airdrops all over the internet. People know that any scam ICO will run at least until hitting the exchanger so that ICO investors will attract post investors too. When they hit the exchanger people sell everything like crazy and make some fortune out of it.

However, the money generated for the ICO is way lot and ICO makers can layer the whole thing later on. This bullshit war will continue until the time we don’t see any “centralised regulations over them”. Techniques like KYC verification of these ICO itself would be great help, and it doesn’t matter if it makes the particular token a centralised one as long as it’s legal. !

Matrix3

full member

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

If the ICO project is unprofitable, it should not survive.
It needs to be wise and recognize whether the project has a future or not.
If you need help with the right decision, please contact, for example, "daneel" team that could help you.
It is important not to miss and not lose money.
Marketers will do their best and the best will survive.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: dogandogru on January 24, 2018, 07:12:39 PM

In my opinion, somehow ICO's regulation will be in favour of investors. Scam ICO's has left a negative image in mind of the investors, in consequence, genuine ICO companies like KickCity etc also do not get proper investors attention and unable to collect necessary crowdfunding. Regulation in ICO's will give confidence and encourage investors to invest in ICO without any hesitation and fear.

There is a need for some form of a regulation because in any kind of industry there would always be scam artists who are ready to exploit the platform if it is open to everybody. However, regulations should not be an excuse for the government to kill what has been regulated...there has to be some balancing act otherwise everything would just be futile like what China did last year. We have to let the ICO platform flourish while at the same time flush out those who are here just to exploit the weakness of other people.

Canis Majoris

member

Activity: 126

Merit: 59

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

Is this a novel way of advertising an ICO of a company? I think regulating ICO's would be as futile as regulating cryptocurrencies. The ICO runners will just spend a little more dough to start their business is some obscure jurisdiction with vague laws. Of course, their number may diminish but does it mean that their quality will rise? Perhaps, the best way to regulate these efforts would be via raising awareness of wannabe investors, though as the saying goes you can lead a horse to water but you can't make him drink. Most people would still prefer to learn the hard way.

Alalex

member

Activity: 280

Merit: 12

Loading

Ico has grown for a long time in the digital money of the future. Has given opportunity to members who have the character of investing in digital money.
There are still many more they can use with the development that already exists. Nothing wrong ico has developed very well, this we have been looking forward to since a few months ago.
All members can find places to store and manage ico in the form of large projects.
What matters is that development with ico will improve and give freedom to ico projects that have survived better than the last days.
Any placement in the form of ico money can be managed, we can join a great ico project if we have a high science.

betlord90

hero member

Activity: 630

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Quote from: ladydark on January 26, 2018, 03:23:26 PM

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

Yes.Its right.Nowadays,even the institutional companies have started to enter the ICO for raising funds for their projects.They too might suffer due to the image that almost all ICOs are scam.

That's why sometimes I will agree for some ICO regulations since it could help to minimize the scams and people could figure out on what is the best ICO to invest with. But if regulation will not happen but still those companies want to get in well they should do some good advertising to spread their awareness so that they will not be buried by scam projects.

YzzyGo

newbie

Activity: 196

Merit: 0

"All men are evil and will act upon their vicious nature if given the chance" - Niccolò Machiavelli.

Scammers are a constant. So I believe we should regulate the ICO's. TO legitimize startup companies. They should submit documents and have government approval before they have an ICO for their company. I know it's against everything in the cryptoworld, but it's the only choice we have to protect ourselves.

Prodigye

newbie

Activity: 294

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I believe that modern ICO regulations are definitely not tough enough, there should be at least a working module of a product before you can start asking for any investments. Many investors including myself are willing to invest in them but there are simply too many scams, so we are very cautious. If we can remove the scams then the ICO ecosystem will strive.

NicG13

newbie

Activity: 74

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Absolutely. There's nothing wrong with the concept of ICO itself. In fact, it is one of the most powerful economic innovations we've had in recent years.

ladydark

hero member

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,

Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?

What is your opinion on modern ICO regulations and investors' attitude to ICOs?

P.S. all mentioned above is my personal opinion and I glad to hear any attitude

Yes.Its right.Nowadays,even the institutional companies have started to enter the ICO for raising funds for their projects.They too might suffer due to the image that almost all ICOs are scam.ICO is a good concept but unfortunately there is no central body to control and regulate it since crypto market being the decentralized market and that's the root cause for all such problems.

Slow death

legendary

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Nowadays thousands of ICO companies come into the world and die!

the market is flooded and the competition has become very large, even for projects already established are facing a big competition, all fans of some project want that same project is in position 10 in the coinmarketcap

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

The problem is that big part of those ICOs are means of just getting money and nothing else.

I agree, still a few days ago hear john mcafee commenting on this

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

It causes lack of trust and people are afraid of investing their money in ICOs.

unfortunately this was not enough to create fear in people since I see many ICOs are raising a lot of money

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.

I am going to blame the creators of the ICOs, as it is unjustifiable that someone wants to create a business or some innovation and that person creates an ICO, but that person do not present the names of the people who are part of the project team and does not mention relevant data as where exactly in real life the project will be implemented.

alex2011576

newbie

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Quote from: innocent93 on January 25, 2018, 04:20:25 PM

Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,
Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude

You are right but in the same time it is democracy and unfortunately there are a lot of rotten apples but still, i believe that those who make investments in ICO's they have the wisedome to make the difference between a scam and a serious company.

It would be really good, if all investors could really understand what is scam and what is not. But I heard from many people about one example of the ICOs that was on media, got several millions and disappeared on the next day when ICOs was finished.

innocent93

legendary

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Quote from: alex2011576 on January 24, 2018, 04:38:48 PM

Hi,
Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude

You are right but in the same time it is democracy and unfortunately there are a lot of rotten apples but still, i believe that those who make investments in ICO's they have the wisedome to make the difference between a scam and a serious company.

Topic: Freedom for ICOs?!?! - page 3. (Read 588 times)