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Topic: Should ICOs be regulated - page 44. (Read 24211 times)

jr. member
Activity: 252
Merit: 6
December 03, 2018, 09:20:27 AM
#48
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 should remain as it was, an anonymous kind of investment. In this way ICO can keep the privacy of their coins and the customer on whoever invest in their platform. If it was to be regulated, then investors would hesitate to join their project as to taxes is applied if regulated.

if their funds can be safe, in my opinion they will not question tax. the problem that we are facing right now is the high ICO scammers, and one way is indeed there must be a regulation if you want ico to survive.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
December 03, 2018, 09:17:49 AM
#47
investors should get protection from fraud and various ico scams. very detrimental if this continues to be left, I am sure that slowly ico will disappear and investors are reluctant to invest in any project in the future.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
December 03, 2018, 09:07:29 AM
#46
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 should remain as it was, an anonymous kind of investment. In this way ICO can keep the privacy of their coins and the customer on whoever invest in their platform. If it was to be regulated, then investors would hesitate to join their project as to taxes is applied if regulated.
full member
Activity: 773
Merit: 100
December 03, 2018, 09:03:09 AM
#45
To some extent, regulation of the ICO market should be. The fact is that no one guarantees that after collecting funds the company simply will not disappear from cryptocurrency spaces. Therefore, minimal ICO regulation would be in place, even for the same bounty hunters.
member
Activity: 658
Merit: 13
December 03, 2018, 08:59:06 AM
#44
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?

yes, ICO should be regulated by a regulation that can provide guarantees to investors for every fund invested.

and have read about STO, in my opinion this method is indeed the right choice to avoid fraud. The SEC that regulates all regulations makes investors safer. so I support STO.
jr. member
Activity: 218
Merit: 1
December 03, 2018, 08:22:46 AM
#43
Of course, the ICO must be regulated and I hope this will happen very soon. This will give a new life to this ICO market.
well yes there would be a more secure world here if the icos were regulated by common people and i hope that will happen quite soon
jr. member
Activity: 462
Merit: 1
December 03, 2018, 08:22:25 AM
#42
There are difficulties with this. We want a high income and regulated palette. I think these two things are not related in place. Of course it is necessary to bring fraudsters to justice. But centralized coins will not give us much profit.

It is difficult to find the right solution in this situation.
jr. member
Activity: 510
Merit: 2
December 03, 2018, 08:22:02 AM
#41
Yes! That will be the best option now if we wish to stop the scam most ICOs are causing these days.
jr. member
Activity: 218
Merit: 1
December 03, 2018, 08:21:20 AM
#40
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?
tjat is a contraversary thing as there are many advantategies on the one hand but on the other hand there are many minuses about it
jr. member
Activity: 255
Merit: 1
W12 – Blockchain protocol
December 03, 2018, 08:19:44 AM
#39
thats what we want to make ico industry more legit and secure. lot of scams are happening daily. so regulating ico is great thing for investors. i hope that will happen for all icos from any country.
hut there are always two sides of the medal amd we should think of bad consequences of the letting peopel regulate icos
jr. member
Activity: 255
Merit: 1
W12 – Blockchain protocol
December 03, 2018, 08:18:54 AM
#38
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 believe that yes tjis is true and peopel should regulate soem icos as there are so many scammers right now an dthis is dangerous
member
Activity: 686
Merit: 10
December 03, 2018, 08:17:18 AM
#37
thats what we want to make ico industry more legit and secure. lot of scams are happening daily. so regulating ico is great thing for investors. i hope that will happen for all icos from any country.
sr. member
Activity: 826
Merit: 263
December 03, 2018, 08:11:59 AM
#36
You've already answered your question and I agree with you. I hope that some news is going to come in the next months.
newbie
Activity: 72
Merit: 0
December 03, 2018, 07:56:24 AM
#35
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?
Regulations may give better results in short-term but we can be sure about what will happen in long term as this may kill core concept of entire crypto-currency world; decentralization. The high level of scam you have mentioned could be avoided if you do your own research and analysis. Hence, asking for regulation is not good in my opinion.
member
Activity: 546
Merit: 10
December 03, 2018, 07:35:38 AM
#34
Regulation is so much needed, it would have prevented a number of scam ICOs we've seen in the past from going on to scam people if there's a regulatory body overseeing ICOs.
member
Activity: 532
Merit: 41
https://emirex.com
December 03, 2018, 06:53:05 AM
#33
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?

If we based on facts and recent happenings in the market, i could say that government regulation is needed for ICO's in order to prevent future scams and frauds when it comes to ICO's because there are new coins and tokens which are introduced everyday.
jr. member
Activity: 336
Merit: 1
December 03, 2018, 06:50:11 AM
#32
It seems to me that regulation is necessary in this market, but if regulators set too rigid limits, then this market will no longer be promising!
sr. member
Activity: 896
Merit: 253
December 03, 2018, 06:20:00 AM
#31
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?

Yes, they should since many people do invest in ICO which they think that it may give them a lot of profits after that, but some of them turned to scams.
sr. member
Activity: 812
Merit: 250
December 03, 2018, 06:17:11 AM
#30
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?
It is too late to take measures to prevent fraudulent ICOs. Now nobody cares about the ICO because the market is constantly falling and everyone buys cheap altcoin. Investing ICOs is too risky at the moment and they will not do that. Also the ICO project is actually a scammer, I have not seen any ICO really well because they never give out a complete product
sr. member
Activity: 1092
Merit: 271
December 03, 2018, 06:12:21 AM
#29
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 fully agree, ICO must be regulated.  This is to protect investors from scammers.  This project is collecting money to fund their idea, so it should follow government rules regarding fund collection.  They must be registered and acknowledge by the government.   Meaning they need to have license or patent to their idea if needed.
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