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Topic: We Need A New ICO Model - page 2. (Read 924 times)

member
Activity: 448
Merit: 12
November 16, 2018, 06:27:44 PM
#77

I think there is no need for different model but for improvement of the existing one. ICO sector need regulation
for sure. That way we would attract the institutional investors to the market and it could be a game changer.
full member
Activity: 484
Merit: 100
November 16, 2018, 05:17:08 PM
#76
I think the ICO is becoming worse without positive change. I hope that it needs a real change that will make things better and break the existing ones. The blockchain is the backdrop for the future, but it currently offers too few real-world applications.
hero member
Activity: 3052
Merit: 651
November 16, 2018, 05:14:24 PM
#75
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Actually that should be it. Investors being protected from the start. Who else would just throw away their money without even knowing what they are going into? That is a fools decision.
But it will also be better if they meet halfway. Right now it is just investors who needs to go through resesrch just to find out whether an ICO is a scam or not.

Scams will always be there but that is right we should help each other to throw them away and let the good ones stay where investors will just need to pick what feature of an ICO best suits them.
member
Activity: 434
Merit: 10
November 16, 2018, 05:11:24 PM
#74
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

The idea is good because it has somehow an assurance if something is not right during the creation of project. But I doubt about it because this is business, by simply means owner must be able to gain profits than the users.
full member
Activity: 352
Merit: 100
November 16, 2018, 05:07:53 PM
#73
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project,  
We can't deny the fact that developers are abusing on making projects or using ICO to scam people and in crypto it is very hard to regulate that kind of scenario. Government intervention would really help on minimizing these abuses but it would also defeat the purpose of crypto which is decentralization. For now, it would be safe if you would invest only on the top coins and avoid ICOs pending those requirements you mentioned above.
full member
Activity: 714
Merit: 118
November 16, 2018, 05:07:39 PM
#72
Most of the projects created for quick money making. 90% of projects do not need such large sums as they ask. 90% of altcoins are garbage and are created only to enrich their owners.  The ICO market will regain confidence only after the arrival of regulators.
Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code
https://news.bitcoin.com/chinese-report-finds-9-in-10-altcoins-stolen-80-code/
hero member
Activity: 728
Merit: 500
November 16, 2018, 05:00:16 PM
#71
In fact, all the ICOs are going down  below ico price as soon as it gets listed on it's first exchange, is it a coincidence? I do not think so, the market is following the same pattern everytime.

What if they improve a little bit, if we do things by a different way? maybe that is the only way in that we are going to see a change after that.

But no one knows what can happen, i won't invest on icos during this year anymore.

member
Activity: 406
Merit: 11
Until the end of time
November 16, 2018, 04:53:06 PM
#70
You are right about your suggestion, but you didn't mention the new model and how it is going to work, maybe if you can draft such a new model and post it, most people will start using it. So i will suggest you draft the new model and make available.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
November 16, 2018, 04:48:14 PM
#69
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
The current ICO projects are created and use ideas from previous projects. Most ICO projects do not have real products, and they are only interested in making a profit for themselves and Try to meet the expectations that investors expect. The current ICO model has too many shortcomings, and it needs to change.
jr. member
Activity: 364
Merit: 2
November 16, 2018, 04:44:34 PM
#68
it would be decent , we as a whole need a few changes . I think there should be strict direction progressively that simply new modles to ready to check the activites of con artists and furthermore ensure the intetest of financial specialists
full member
Activity: 924
Merit: 106
homt.net
November 16, 2018, 03:35:58 PM
#67
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?
Vitalik Buterin and his team come with the new ICO model - Reversal ICOs. This will be more safe solution for ICO investors, if ICO do not achieve plans, investors will receive their money.
full member
Activity: 490
Merit: 136
November 16, 2018, 03:30:57 PM
#66
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

Yes, I completely agree with your opinion. This is the task of the regulator. That is why standards and rules for ICO are being developed. Now investors are not protected from failure. No one wants to risk it. And therefore, investments in projects at the ICO stage have been significantly reduced.
sr. member
Activity: 814
Merit: 258
November 16, 2018, 03:26:14 PM
#65
In 2017, ICO spree suffered, while many projects undermined the investor. In 2018 the situation is worse, almost all of the ICOs are unsuccessful and harmful. I agree with your opinion.
member
Activity: 448
Merit: 10
November 16, 2018, 03:04:03 PM
#64
Scammers kill interest in investments. We need sites that could guarantee the safety of funds. Now the market needs real platforms that can take responsibility for keeping promises to investors
sr. member
Activity: 672
Merit: 253
November 16, 2018, 03:01:30 PM
#63
ICO model which is in use is not effeective for investors and it is opend to manipulation from project owners. Community needa a new model that makes project team to be accountable.Do we reaaly need authority which will monitor and control the market for ICO projects? Because it also causes centralization.
member
Activity: 271
Merit: 10
Proof-of-Stake Blockchain Network
November 16, 2018, 03:01:07 PM
#62
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

We need protection for investors and participants in bounty campaigns (they invest their time in the project). People need to be sure that their money will not be stolen. A mechanism is needed to remove fraudsters from ICO.
sr. member
Activity: 626
Merit: 250
November 16, 2018, 02:56:11 PM
#61
For ICO investments to be more competitive and profitable, we need a new ICO model. This present ICO model is not progressive in nature and it gives room to all forms of manipulation from project owners. We need a model that gives investors rights in decision making of a project, we need a system that will made project team to be accountable. With a new ICO model, investors right will be protected and even secondary buyers will be excited to buy the coin or token on exchange once they know that the project will not be a fly by night project or a slow dying projects.

What do you guys think about this?

It sounds difficult. If every investor has the right to decide, it sounds like a vote by shareholders. If so, then most probably the most loyal holder is the publisher. It is no different than the normal project ...
very difficult to solve this problem. each project must have the difference offered. but when talking about investors who are given more rights I think it will be difficult to solve because the crypto channel has similarities in the system between investors and others are not given many privileges other than the bonuses given when investing
full member
Activity: 770
Merit: 126
November 16, 2018, 02:50:41 PM
#60
An ICO without regulation is that ICO of probability of scam hence there is need for a review on the existing protocol that's at work before now. A new ICO model would be nice if regulation will be accepted into it, as a start-up, hence a better ICO will be rebranded which will bring in good news to the cryptocommunity at large.
sr. member
Activity: 434
Merit: 250
November 16, 2018, 02:49:14 PM
#59
I agree that we need a new ICO model but I think it's not easy Smiley. Of course we are having more new sources to create ICO like EOS or NEO but to create a new model, it's not easy. At the beginning it'll really difficult to attract investors cause everyone often afraid of investing in something too new Smiley)
sr. member
Activity: 692
Merit: 254
terra-credit.com
November 16, 2018, 02:40:35 PM
#58
I think STO could be a new model of ICO. When the trust of ICO is questioned, the new type of token sale which gives buyers the trust will attract the attention from buyers
STO is a different model than the ICO, and for the project to implement STO is much more difficult than ICO. So I don't think STO will replace ICO in the near future
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