Topic: Should ICOs be regulated - page 4. (Read 24211 times)
it is very necessary because it will minimize the scammer, but it will be difficult to make it happen, but even without that ICO is actually still good and will still be in demand because even though the risk is high but there will always be people who like challenges, as long as the possibility of success is still there there are always people who are interested in ICO, either as an investor or as a bounty hunter like me, because ICO is a good way to make money, so no matter how difficult, I will never go away from all this
No doubt initial coin offering (ICO) arguably have become an indispensable factor for fundraising. The legal and regulatory treatment of Initial Coin Offerings is however, often complex and unclear. Since token offerings generally involve multiple jurisdictions, that complexity is compounded by the number of jurisdictions involved, however after proper consultation and analysis i opine it should be regulated for good.
Yes I think so. If by regulation means eliminating the scam project and minimizing the failure of an ICO, then I guess its really needed. Nowadays more and more ICOs end up as a failure and most of them are just scamming people around and its happening because there is no clear rules and regulations that prevent the ICO from doing that.
I think there should be an ICO regulation to protect investor investment. There are many SCAM projects and it is increasingly difficult to realize that the project is viable or not. I think there should be a system for the project team like KYC. I think it would be necessary and many ICO SCAM projects would be removed.
I agree that it should be regulated and determined quickly. But it is difficult to do right now, I can only expect that in the near future it can do because too many fraud projects in here
For me the concept of decentralization in itself is confusing. If the blockchain that's meant to be open and accessible is being used to carry out scams, will existing and new project accept regulations as list of them has hidden details far away from the public eye. No doubt there's need for regulations to protect client's funds and sanitise the industry but who will bail the cat?
Of course, I know that many people do not want to hear about regulations, but this free market is more and more dangerous for investors, more and more scams are created to get quick money. Is that right?
That's right, for things that were created recently to combat scams, but the more layers of protection the scammers get more sophisticated and they don't stop
It should be regulated by the sectors of the government in order to assure the people that everything is good and there is nothing to worry about investing in ICOs because way back from the past, it is a dark experience for the investors for jumping into ICOs because it is like a gambling that they just invest without any assurance.
For now this are the stand of most existing sectors in order for the cryptocurrencies to be recognize as legal and scam free. As of now if you look at the things that happening there are ICO's which are fully regulated but focuses only on the security tokens which are the STO's. As you can see those sto's are very successful after crowd funding if you apply a similar thing to ICO's i think it would be a great thing because less and less scams will be coming to market up to the point that it will be fully filtered.
In my opinion, there is no alternative to regulation of ICO. If such regulation had been introduced several years ago, now the activity of ICO would not have come to such a decline. It is a significant percentage of fraud in ICO projects that led to these projects not being trusted by investors.
If thats the way to retain the icos reputation I vote to become regulated, icos is the most best investment making profits. But remind to all we need to becareful at this time investing in icos most of the project scam because of people out there want to get earn easy in the bad ways.
The reputation of ICO in general is really bad, regulation will save it. Investors are now investing in IEO, and some if they cannot invest, they buy cheap coins in the market as there are cheap coins at this period.
Maybe even the ICO has a good reputation, the government would still regulate it, to monitor the money and for them to get taxes.
I think that the ICO is the past and the situation has changed radically IEO. And if the IEO can't prove its usefulness, then we're doomed to fail.)
IEO become more popular after too many scam ICOs in 2018. To regain trust from investor, i think government regulation needed, with regulation, i am believe scam ICOs can reduced and create good climate for investor
If thats the way to retain the icos reputation I vote to become regulated, icos is the most best investment making profits. But remind to all we need to becareful at this time investing in icos most of the project scam because of people out there want to get earn easy in the bad ways.
This is one of the few areas of crypto that regulations make sense. If a project does not perform an ICO they should be left alone.
There are regular questions about this issue. Personally, I believe that with time everyone will understand - the ICO market really needs to prepare certain rules and methods for regulating activities. Thus, it will be possible to protect the interests of investors, to attract attention and money from new participants.
I think that the ICO is the past and the situation has changed radically IEO. And if the IEO can't prove its usefulness, then we're doomed to fail.)
Yes, ICOs should be regulated, but the laws on how securities are defined, at least in the U.S., need to be updated. It doesn't seem to make much sense that laws drafted in the early 20th century are being applied to digital assets created today. There needs to be more regulatory clarity on cryptocurrencies, with of course some room to allow them to flourish without unnecessary government interference.
Without regulations, scammers and fraudsters start to proliferate and damage the space.
Without regulations, scammers and fraudsters start to proliferate and damage the space.
No they should not, otherwise we will lose everything for what crypto currencies are standing for. It is bad that we have so much fraud projects, but we need to find another solution to prevent people from investing in scams.
Of a truth there are so many icos whose mainnaim is to defraud unsuspecting investors.
The challenge is that its difficult in most cases to identify these scam projects because the way they have packaged the scam.
I think the call for regulatory authorities is not out of place.
But my question is HOW?
My question steems from the fact that the structure of Cryptocurrency is decentralized and do not support regularization.
The challenge is that its difficult in most cases to identify these scam projects because the way they have packaged the scam.
I think the call for regulatory authorities is not out of place.
But my question is HOW?
My question steems from the fact that the structure of Cryptocurrency is decentralized and do not support regularization.
There is no need for any ICO regulation, just no need to invest in new projects until they have a finished product. And then the scammers will stop conducting ICO.
It seems that some projects have already done it, and indeed the condition of the many scammers on the ico market makes the growth of the ico project very slow. even to get investors there are also many who are disturbed. but to create a product they would have to start from an initial investor and need substantial funds. It should have been regulated from the very start. ICO is just a honey pot for scammers. Even up to this point there are still ICO that is coming out in the market that is not regulated and just waiting for an investor to be victimized.
There is no need for any ICO regulation, just no need to invest in new projects until they have a finished product. And then the scammers will stop conducting ICO.
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