Topic: Regulated ICO, should this become a norm? (Read 398 times)
Whether people like it or not, the regulations are coming. It's such a new space that most have gotten away without it thus far, but sooner or later they will be regulated just like everything else. It's may be a double-edged sword, but in the end it will be a net positive for the ecosystem. Investors will be protected.
I believe that regulation is always necessary for ICO, but it should not be too rigid
As I have heard, Japan has started the project that will help the government regulating ICO. Abu Dhabi in UAE has been discussing this topic now, the other emirate Dubai refused doing it.
Probably, ICO will be regulated in several countries only, not globally.
Probably, ICO will be regulated in several countries only, not globally.
ICO should be regulated by specialized state bodies. However, I do not know how the ICO can regulate itself. This is something new. Excessive risks in this case, of course, must be removed. Only then can this process develop and bring great benefits to people.
Bad regulations is better than without any regulations and tonnes of scammers that we can see everyday. I hope that regulations that start now is just a first step in this way. I believe it should help us to get rid of the trash
Hello folks, so just recently stumbled upon an article about an upcoming ICO which is trying to get itself regulated. Does it give a greater appeal to you as an investor? Maybe this should become a norm and ICOs should seek to get reasonably regulated themselves? Want to know your opinion on that.
You can read the article here: https://thebitcoinnews.com/moirai-prediction-market-become-one-first-regulated-icos/
You can read the article here: https://thebitcoinnews.com/moirai-prediction-market-become-one-first-regulated-icos/
Definitely. If an ICO is regulated by the financial department of whatever country that it is in, then it makes the process safer and more trustworthy for everyone. This should be a trend going into 2018, as some countries have banned ICOs outright.
However we'll still see plenty of unregulated ICOs.
The risk in those will be much bigger than regulated ones, htough.
Yes, I agree, it should be some kind of regulation in ICO area. But you forget about one thing - as soon as the ICOs become regulated, investment funds with their huge capitals will immediately come here and all promising projects will be financed by them at an early stage. Most probably, we will have an opportunity to buy tokens on the exchange only. So, I think everything is ambiguous here.
I do not think ICO should be regulated by Government however I will like to see the member of crypto community createva check and balance mechanism in order to curb the activitues of ICO scam. All hands must be on deck to make crypto currency and token viabke, profitable and efficient!
For me, it's a no. No to the regulation of ICO. If the ICO is to be regulated, there is a possibility that the coin or the token will also be regulated. Yes to regulate the project, but not the token. How they regulate the ICO if they will not regulate the coin or the token. The regulation must be made by the crypto currency community and not by the government.
Hell no. Regulated ICOs, Regulated cryptocurrencies, regulated lives, taxes and all those peace of shot?! I guess you guys have forgotten what is freedom and why we make money investing in ICOS- it's not the obligation that's behind is- it's the trust of people and our trust and ability to cooperate is responsible for the progress of ICO, not the damn rats from IRS or Central Bank with their idea of controlling and regulating everything
If ico will be regulated it's such a not normal, just look on IPO where is monopolitics and many companies can't fill registration forms and payments/
Regulating ICO is a good step of government to make sure the protection of its people. And also it boosts the confidence of the investors, well atleast what they are investing has legal papers and the people behind the project is real.
Hello folks, so just recently stumbled upon an article about an upcoming ICO which is trying to get itself regulated. Does it give a greater appeal to you as an investor? Maybe this should become a norm and ICOs should seek to get reasonably regulated themselves? Want to know your opinion on that.
You can read the article here: https://thebitcoinnews.com/moirai-prediction-market-become-one-first-regulated-icos/
Good news, if ICO is regulated it can only mean it is not scam and for sure there is much bigger chance that I will invest my money in something what is regulated than in something which is not. If all ICO's were regulated number of scammed users would be minimized, but also there is risk of fail project. You can read the article here: https://thebitcoinnews.com/moirai-prediction-market-become-one-first-regulated-icos/
I'm all up for some kind of regulation. The moral hazard that is going on right now in the world of bitcoin and ICO's is quite high. People do not always do what is right and are selfish to only do what could benefit them. The legal uncertainty in the crypto world is of the great amount so I do not see why regulating ICO is a bad thing. I think it is very important to protect the investor and to decrease illegal practices. If the trend of illegal practices and scams will keep going then it will not do anything but harm the crypto world. Investors will make regular investors associate and avoid the space. The interest will go down swiftly. Billionaire investor Warren Buffet has been speaking out lately about the bitcoin market being in the bubble territory. All of these bad practices are not going to help change minds of people who are critical and skeptical of bitcoin and cryptocurrency.
That;s is a good news, ICO should be regulated by governments. Investors will not be scammed by fake projects. There are many fake projects and we are difficult to identify. If there is a certification of ICO from financial institution, the investors will invest securely. They will not worry about unrealistic projects. They have a reference from the certification that the project is executable or can be implemented. The project is not only whitepaper. I think everyone agrees to have their investment earns profit. They not only get tokens but also get shares from the project. To make tokens is easy, to make project isn't easy, it needs trusted and capable teamwork. ICO with realistic projects will be the next ICO trend in the future.
how about NO! the reason we have this explosion into the crypto space is because of lack of regulation. yeah you get scammed some times, but that's on you for not doing research. take some responsibility ffs. mark my words, the moment gov get;s involved that's when the growth really starts to slow down.
ICO should be regulated there is no doubt about that. Right now there is so many ICO's coming every day is almost impossible to know which are real or scam. I've seen people get scammed sending Ethereum to wrong wallet address just because there was a message on the forum, email or chat. Later you can check this fake address how many ETH was send and it's not pocket change - believe me. Some set of rules must be done, there were too many projects that basically steal money, and it's not ICO's only, on Kickstarter too, I remember there was a portable console that was looking too good to be true, some drone startup company that collected millions and didn't deliver the product.
yeah this will be a very welcome move...the market for ico's is getting spammed by a lot of spammers and this is not good for the network...honest people should be rewarded for good work and at the moment, identifying these people is very difficult for investors in general.
Yes, this would weed out potential scams that want to put up a fast money grab and also this would instill confidence to people to invest in regulated ICO.
YES. ICOs should be regulated, but not by governments. This tactic goes against everything crypto...
Yes there should be some kind of a regulation with these. There are a lot of scammers out there and many projects die due to it. I know there is risk, but there should at least be some hope for investors.
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