Topic: Should ICOs be regulated - page 24. (Read 24188 times)
There are many ico now and most are scam. The best thing to be sone now is to regulate the ico market. So that low quality ones will be shut down and real project will continue
There shouldn't be an exception, all upcoming crypto project ICOs, ought to pass through rigorous checks and rechecks before they can be allowed to hold. The project team needs to be validated and cleared before proceeding with the token sale. This is to install accountability on the part of all those involved and to also boost the confidence of intending investors.
Regulations must be made to regulate ICO so that the number of frauds can be suppressed. But this will certainly be difficult because Crypto is still a problem in every country. My point is that Crypto has not been approved by the government. However, there must be an idea about the formation of the Team that audits each ICO.
Separately, each country will play by its own rules, which will further hinder development, we need a single organization and rules, maybe then something will happen
I think the ICO must be strictly regulated. because ICO is now a lot of fraud cases. with the existence of regulations that apply ICO fraud can be prevented. I support future regulations regarding ICO.
Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I think it is possible to regulate ico, especially if the project is worthy and wants to show itself from a strong point it will pass any checks , and the investor will also be sure of it for all 100%I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I think it is possible to regulate ico, especially if the project is worthy and wants to show itself from a strong point it will pass any checks , and the investor will also be sure of it for all 100% I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Regulations must be made to regulate ICO so that the number of frauds can be suppressed. But this will certainly be difficult because Crypto is still a problem in every country. My point is that Crypto has not been approved by the government. However, there must be an idea about the formation of the Team that audits each ICO.
I really agree with that, I really hope that such a system is immediately created and implemented because otherwise the ICO will not be something interesting anymore, even it will be a frightening specter for everyone.
all developers must be given the responsibility so that they really want to run and succeed their concepts instead of looking for money then just leave
all developers must be given the responsibility so that they really want to run and succeed their concepts instead of looking for money then just leave
it is still a long way to go because the government still does not vote with the regulation of crypto currencies.
But actually they can examine several important parts to at least guarantee economic processes that are not dominated by fraud.
their job is to protect the security of user investment and it is true that the ICO must be prioritized for the initial draft regulation.
But actually they can examine several important parts to at least guarantee economic processes that are not dominated by fraud.
their job is to protect the security of user investment and it is true that the ICO must be prioritized for the initial draft regulation.
It seems to me that the regulation of ICOs will lead to the fact that there will be very few of these projects. In addition, I think that not everyone can participate in such projects.
Regulation ICO is a good thing, but who are those that will do the regulation. If it is regulated, will the whole cryptocurrency itself not be regulated. Which means that the essence of crypto, which is decentralization might be made void. If only the decentralized nature will be retained, then i fully support that ICOs should be regulated, because it might quickly bring more trust.
At the time of the stock market, price manipulations on the part of owners of large sums of money also occurred on it. The manipulation of the stock market managed to win only after the legislative regulation of the markets was introduced.
Now you understand how to beat price manipulation in the crypto market. This applies to the holding of ICO. And I agree to the regulation of the ICO.
Now you understand how to beat price manipulation in the crypto market. This applies to the holding of ICO. And I agree to the regulation of the ICO.
Considering the fact that many investors have fallen victim of scam projects and the ease of creating smart contracts and ICO's, I'll prefer some extent of regulation. It's understandable that cryptocurrency should be pair to pair and decentralized, but some extent of regulation will increase investors confidence in the cryptocurrency space and reduce the risk of fraud.
My opinion is regulation on ICO necesary. Because its very helpful if regulation exist. The investor will trust to ICO if it already secure. The number of scam projects is very high it can be decrease if the regulation exist.
I think so. If regulating means controlling and minimizing the number of ICOs being developed, then I totally agree with it. Majority of ICOs right now lacks potential and most of them failed because of poor planning. If we are going to regulate and scan all the ICOs, we should just release an ICOs with real products, exprienced developer, and a clear timeline or roadmap.
Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
Regulating ICOs is bettter than guessing which one is legit and which one is not but its investors shouldnt be giving their KYC for security purposes. I guess it will end well. The fact that there are hundreds of altcoins existing and we all have doubts investing in it. A small regulation is enough.
Regulation for whole crypto market is a bad solution to my mind. In case of regulation we will stop gaining money.
You know, lack of regulation is something what I appreciate in crypto
You know, lack of regulation is something what I appreciate in crypto
Definitely for the normal operation of the ICO, a regulator is simply necessary. And, of course, it would be more correct to create a cryptocurrency control agency in a crypto-community that is not controlled by the state.
ICOs do need to be regulated even though this is harder to do due to their global nature and existing crypto laws in the country of the ICO team and so on.
Well, I think if the team voluntarily agrees to pass the regulation and all sorts of kyc, the trust increases much to the project and I think with investing in the project will be much higher! With all those scams that seems not stopping, so a regulation for ICO is so much needed. If not, then he possibilities of any new Scam ICO will keep on appearing, since they will easily leave everything without being catch after they got what they wanted.
I agree, without regulation, icos will have no hope, investors will never put their money into ico, and it looks like haters are happy with this condition so they reject the presence of regulations.
but if there are ICO regulations that make it difficult for people to make a profit, there may be many who refuse because it is difficult to produce, so it depends on the rules.
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