A new form of ICO would take more time for implementation, I think.
But that also a good idea, cause it will be able to minimize the potential of cheating from many side, due to the unfamiliar way of doing ICO
Topic: We Need A New ICO Model - page 4. (Read 936 times)
I think that it is worth implementing a kind of investment insurance to guarantee the return of funds and cover losses in the event of an asset depreciation.
I think the model includes several aspects:
1. Let the project team do open work safely after receiving funds
2. Investors'rights and interests need to be protected
3. Need to be regulated and prevent fraudulent projects
1. Let the project team do open work safely after receiving funds
2. Investors'rights and interests need to be protected
3. Need to be regulated and prevent fraudulent projects
We have a new ICO model already. It is called DAO. This standard of tokessales was introduced by Vitalik Buterin in order to allow investors to get refund if they don't want to take part in this ICO anymore.
Everything is described correctly, but who can force developers to report to investors? We do not have such a body as a board of directors, which will defend the rights of investors.
In order investors believe again in the ICO of projects, first investor should be insured from losses of his or her assets in case the project appeared to be a scam.
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?
I think you are talking about the ICO concept that already exist or DAICO , recently several ICOs emerged to organize the collected funds like ICOVO and W12 which decide whether to refund or go on with the roadmaps. What do you guys think about this?
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?
And it is possible to go further and so that it all develops with the direct participation of investors, and not just invested money and wait. Ie make yourself money yourself with your own hands, and do not rely on the team, white paper. Business does not tolerate such connivance. What do you guys think about this?
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?
What do you guys think about this?
Could you suggest any project or any commodity that is really feasible to the masses that the idea is new so that many people will be attracted to invest into that ICOs including me. I think it is very easy to say but it is very tought to make it into reality.
It is indeed over due as the ico method is really not helping the technology at all , we need some king of restructuring in the smart contract and a regulation board that will make sure all things are in line with the business law and will give a kind of assurance to investors .
I recently read that one of the developers of the contractor erc-20 proposed the RICO model, that is, return ico. according to this model, your investment can be returned at any stage of the project development.
I think STO can be the new model of token sale. If you see eye to eye with me, please discuss here https://bitcointalksearch.org/topic/m.47887063 
STO actually came to my mind while reading the OP's post.
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Other than DAICO which was proposed by Vitalik, I have not read or heard any good suggestion yet. I think SEC might be the one who will ultimately set a new ICO model as there are no other regulatory bodies handling such.
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?
What do you guys think about this?
This is like what I am thinkin about. In my dream, next time there will be a platform that bridge between ICOs and investors, and the platform has many feature, like ICO rate that is rated by investors themselves, has an automatic lock ICO, I mean that if something suspicious happen, and some investors report the ICO, so The Investors money will be locked and refunded to investors automatically, etc.
Maybe this is just my dream, but I hope someday this can be happen
I think it is necessary to select a project before being able to take part in the ICO. At present everyone can make tokens through the Ethereum platform and can do ICO to raise funds, If it is not stopped, there will be more and more scam and fraud projects.
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?
What do you guys think about this?
I think youre referring to security tokens, these you mentioned are the characteristic of typical security token ICO model. Since, the team is responsible for the prime investment of the investors. If you want to see a good model maybe you can take a look on CINDX ICO.
That can be done by the regulators. we have no chance to do something. But if the core developer of tokenization platform can try to put more restriction to create asset just like it must be verified by the regulators and sounds look so good for me personally. That was i thought about that.
The first concern should be the investors, they have an option to pursue or stop their participation to that project.As said by the person above who replied to my post earlier, having an intervention from the government is no good for those that doesn't want them to get involved. But for investors, having them is of a good purpose and protection.
Yes this is really very important for the current ICO condition. This subject to be need to more research i mean we need to research what is the best way to conduct ico which is good for investors. In the current ico condition we already saw so many scams and lack of transparency. So we need to find more secure way to find the secure solution for ico regulation. Sto is also a good start for ico improvements.
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?
All this new can be realized only when there is government regulation of the ICO process. For ICO activities, strict rules of the game must be established, not permissiveness that exists today. For example, I liked the rules on ICO, which they want to introduce in Russia. There are certain rules for the initial capital during the registration of the ICO, and strict control over the financial activities of the ICO team, up to and including the targeted use of the funds raised, which are only accumulated through banks, and therefore fraud is completely ruled out. What do you guys think about this?
I think STO can be the new model of token sale. If you see eye to eye with me, please discuss here https://bitcointalksearch.org/topic/m.47887063
We need a model that gives investors rights in decision making of a project
We have a lot of projects already and if each investors will have the right to make more projects, you'll see a very crowded marketplace for these projects.we need a system that will made project team to be accountable.
I agree on this. This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene.
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