Topic: Should ICOs be put to an end? - page 4. (Read 642 times)
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ICO literally means that they get the money (from investors) first, and then come up with a product.
At least in a start-up project, the product is already there.
In my opinion, ICO should be thoroughly filtered instead of simply putting it to and end.
There are good ICOs too
At least in a start-up project, the product is already there.
In my opinion, ICO should be thoroughly filtered instead of simply putting it to and end.
There are good ICOs too
I don't want ICO to be shut down but i want it be more regulated, to prevent scammers and protect investors from being scammed. Blockchain startups need ICO to raise money for their company development. If ICO shut down, blockchain startups shut down too and there will be no more startups, no innovation, no development. It against the development of humanity.
Beautiful remark. I think ICOs should be heavily regulated with all government agencies all over the world. Can you imagine how much those scammers cash out funds they received from their "ICO" and it might one of the reasons market is crashing right now?
Honestly, ICO brings fantastic ideas that is changing our current technology.
We should find some option to reduce the number of ICOs that are currently ongoing and maybe to eliminate projects from Coinmarketcap that are dead, without any trading volume. We need to find a solution because the market is overwhelmed with such projects.
It seems to me that there are new projects everyday in this Crypto industry. This has made me to think about the total number of fiat currencies in the world. I got to know that there are about 180 fiat currencies recognized by the UN. CMC recognizes 2094 cryptocurrencies as at now. Looking at the difference, do you think it'll help us to compete with fiats?
How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
I don't think that the icos should be put to an end because regardless of the fact that there are a lot of good icos out there so if the icos are banned then the good ones would be affected too in the process. Now the icos are the most efficient way for the new projects to actually raise the kind of money that they would need for their projects to start doing better
I don't think it would end anytime soon for there are still ICOs projects that are still good source of income and are legit though there are vast increase in scam projects nowadays. Hopefully these incidents of scamming will be lessened so that better projects will be more prioritized.
I think there will be much more new ICOs, because the market is pretty young and I think the better comparison would be with the stock market, rather than with fiat money. There are much less currencies that are oriented only at the payment sector. Crypto space is much more than only currencies that are made for payments.
The main idea behind the cryptocurrency is to ensure decentralization of power in the system, thereby giving everyone an equal opportunity. Therefore, you are left to decide as person of you want to be a part of their project or not. I don't see any reason ICO should be put to an end.
ICO can make crypto world better. But ICO must change. First of all it must be sums under 1-3 millions of dollars and they must become security, and better think about monetization and real usage of the project. This means investors must get part of profit they get, not just wait for the next speculative run. And I don't think that strict regulation can make ICO safer, we don't need it crypto, it can be like just if you want to change crypto to fiat pay 5% taxes and all will be great.
Regulation should be the term and not stopped, I know a lot of persons including me are particularly concerned about the proliferation and daily emergence of new ICO's and it appears each coming with a similar or already existing project. However I think the current bear market is a good checked to some that are intended to scam and make huge exit as with the bear market it is only mostly genuine projects with good intention could attempt as they will be tested to prove themselves by starting low and growing high overtime if truly a good project
ICO is a great financing structure, but some shameful people have changed the original rules of the game, and a large number of scams have persecuted the development of ICO. Perhaps the ICO that can be regulated is the way forward.
Nowadays crypto compliment fiat currencies and I don't think that they should compete. More crypto currencies on the market signify wider infrastructure for using alternative means of payment.
Reality check, no altcoins and even bitcoin can replace fiat easily. There's a lot of factors to consider and this will take more decades and we will never know if we're still alive.
The last thing we can hope for is SEC to regulate ICOs and by having their compliant, yes it's a free market but if this wouldn't be control everything will be a mess.
The last thing we can hope for is SEC to regulate ICOs and by having their compliant, yes it's a free market but if this wouldn't be control everything will be a mess.
Crypto Currency is Decentralized system, everyone want to put their product on ICO, like what you've stated on your post, almost everyday we can see new product launch in the market, this the beauty of the open market, winner takes it all. Beside being an active market with growing numbers participating on the trading or on product launching would indicate that crypto currency market is something to look forward for an investment, its is the consumer's behavior of investment would dictate on what to become on such ICO product. if investor are attracted to such product, i am sure it can survived the pre launching then eventually listed as one stable coin in the market. i do not favor such notions of ending the crypto market.
ICOs , are not to be totally shut off , but if there are ways and means that this ICOs will be properly screen and evaluated before it will be launched , so that it will give good opportunity to the participants and the investors and can make some victims of fraud and scams.
if it was up to me, i would have put an end to all the ICOs. they are just too bad to exist and the damage they are doing to the whole cryptocurrency scene is huge. it is well known that majority of them are big scams out there to rob you. but the rest of them are also pretty terrible to begin with because they aim to only make money from gullible people. there is company and no product. there is only fund raising to be rich.
Yeah, I think the more we project, the greater the competition among them, and the competition forces to create a more perfect product. And such a product will always find feedback from consumers. What's the most number of projects covering more and more areas of our lives that also expands the use of cryptocurrencies.
I don't want ICO to be shut down but i want it be more regulated, to prevent scammers and protect investors from being scammed. Blockchain startups need ICO to raise money for their company development. If ICO shut down, blockchain startups shut down too and there will be no more startups, no innovation, no development. It against the development of humanity.
It seems to me that there are new projects everyday in this Crypto industry. This has made me to think about the total number of fiat currencies in the world. I got to know that there are about 180 fiat currencies recognized by the UN. CMC recognizes 2094 cryptocurrencies as at now. Looking at the difference, do you think it'll help us to compete with fiats?
How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
Only units, how many clones are now probably not count. Therefore, in this competition, I hope there will be the most effective one that can change something. How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
It seems to me that there are new projects everyday in this Crypto industry. This has made me to think about the total number of fiat currencies in the world. I got to know that there are about 180 fiat currencies recognized by the UN. CMC recognizes 2094 cryptocurrencies as at now. Looking at the difference, do you think it'll help us to compete with fiats?
How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
It is not good for the crypto industry. You should know that our crypto market thanks to the capital of new ICO projects can grow as strong as it is now. The investment of many investors from other countries will make our market grow stronger. That is why we need more ICO projects. How does the numerous cryptocurrencies affect the growth of our Crypto industry.
Will putting an end to ICOS do something good in the crypto industry?
If SEC regulate ICO,s its possible it will have a great future but in a situation were the increase of ICO,s comes up everyday and i see a lot of disappointment will come up and investors will regret and all investment will seem to be like gambling.
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