Topic: Lets Create NEW ICO standards! | Ultimate thread (Read 1434 times)
I think your opinion is right. You will be a good ICO analyst, maybe you can try to become analyst in ICObench? I'm fond of quality ICO reviews and you can do them. Just try!
Great idea or suggestions because there so many icos project are fake
Talking about how to implement standard rules and regulations making icos project is the first need to consider
Second the legality of the project 3rd the reputation of devs but how can do this?
Talking about how to implement standard rules and regulations making icos project is the first need to consider
Second the legality of the project 3rd the reputation of devs but how can do this?
I think people just need to be more educated on the possible risks and actual understanding of the market. There are people who still think the cryptocurrency market is just free money since bitcoin was booming. If people hold ICO's and companies to higher standards then things will change. I think we have already started to see some of the changes.
Great idea or suggestions because there so many icos project are fake
Talking about how to implement standard rules and regulations making icos project is the first need to consider
Second the legality of the project 3rd the reputation of devs but how can do this?
Talking about how to implement standard rules and regulations making icos project is the first need to consider
Second the legality of the project 3rd the reputation of devs but how can do this?
This is cool and I pray it happens one day so that the money and interest of investors will be protected from scammers and lazy developers and and if this could be standard of the industry, then many people will believe in it.
I think it is quite difficult to implement country specific regulations. The ICO projects could just bypass it by registering itself in some countries that don't regulate ICOs.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
I dont think we necessarily need regulations, we need standards as a community. We need to stand out against the shitty projects and get smarter with what we allow to pass.
But to allow the ICO team to the possession of our confidential information is impossible. If such a KYC check is necessary, it should also be collected by a government agency.
There is no way all investors or cryptocurrency enthusiasts will have the same knowledge based idea that can be used to identify scam projects or ICOs that are not likely going to succeed. This is more reasons we need regulations. This way,even an investor that is still a novice will feel safe to invest, without having any cause whatsoever to panic. By then, the standards would have been laid down.
Some regulations will actually help the industry, but people need to do research which is the key. LOTS of scams are very easily spotted.
There is no way all investors or cryptocurrency enthusiasts will have the same knowledge based idea that can be used to identify scam projects or ICOs that are not likely going to succeed. This is more reasons we need regulations. This way,even an investor that is still a novice will feel safe to invest, without having any cause whatsoever to panic. By then, the standards would have been laid down.
Who else thinks we should have some ico standards. Since the starting of this, we have seen people get smarter and the government has put pressure for ICO's to add KYC information.
Thank you for the video and the insight there in. The effect of scam ICO can never be over emphasis, more exposure and deterant need to be established to save guard genuine ICO.
I appreciate the comment
If you have any suggestions feel free to add them.
First of all ICO projects should be a legally registered company and they must follow every rules and regulations in the respected country. For investors they must make KYC and AML policies mandatory which must be conducted in a strict manner. Team members profiles must be completely transparent without any black marks.
Thank you for the video and the insight there in. The effect of scam ICO can never be over emphasis, more exposure and deterant need to be established to save guard genuine ICO.
I agree, i would suggest that the new projects/ companies that aim to receive big funds from ico should be registered thoroughly by the local authorities, the business plan, team, company should be scrutinized thoroughly and after satisfaction and registration of each aspect the authority should give NOC to the project for the iCO, this will prevent fake or low quality projects to pass through this screening.
I think it is quite difficult to implement country specific regulations. The ICO projects could just bypass it by registering itself in some countries that don't regulate ICOs.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
I dont think we necessarily need regulations, we need standards as a community. We need to stand out against the shitty projects and get smarter with what we allow to pass.
I think it is quite difficult to implement country specific regulations. The ICO projects could just bypass it by registering itself in some countries that don't regulate ICOs.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs.
I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
I have been seeing more and more ICOs implement KYC. This is a good step in the right direction and I hope we see more and more steps!
Who else would like the idea of ICO standards, or appose it?
I fully support the idea for ICO standards. My personal interaction with people running ICO's ----- let's make money, use the money to get a yacht/get paid stipend and hire someone else to do the development. I am actually planning to start one. PM me if anyone is interested, I have plan and if we get enough people on board we can start one.
For a lot of different companies this certainly does happen. A team of 5 people getting 50m in funding can be very problematic.
Who else would like the idea of ICO standards, or appose it?
I fully support the idea for ICO standards. My personal interaction with people running ICO's ----- let's make money, use the money to get a yacht/get paid stipend and hire someone else to do the development. I am actually planning to start one. PM me if anyone is interested, I have plan and if we get enough people on board we can start one.
Who else would like the idea of ICO standards, or appose it?
Full analysis: https://www.youtube.com/watch?v=24c1Azp4238
Make sure to subscribe if you like the video!
SUMMARY :
It is no secret that 90% of the coins on the market is going to fail, just like traditional businesses today.
Make sure to subscribe if you like the video!
SUMMARY :
It is no secret that 90% of the coins on the market is going to fail, just like traditional businesses today.
Ha, so where did you get this number? Got a source?
Though standards would be nice. Eventually when more money gets into the Coin game the regulators of society will likely want to get involved. It is already happening to a degree.
That might be the regulation we need, to bring in ICO standards which need to happen. Regulation to a degree can be bad, but we need a change.
Full analysis: https://www.youtube.com/watch?v=24c1Azp4238
Make sure to subscribe if you like the video!
SUMMARY :
It is no secret that 90% of the coins on the market is going to fail, just like traditional businesses today.
Make sure to subscribe if you like the video!
SUMMARY :
It is no secret that 90% of the coins on the market is going to fail, just like traditional businesses today.
Ha, so where did you get this number? Got a source?
Though standards would be nice. Eventually when more money gets into the Coin game the regulators of society will likely want to get involved. It is already happening to a degree.
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