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Author Topic: ICO's must need to improve its Security againts Fraud to come up with IEO!  (Read 5502 times)

Offline diygirl

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~snip~ I think why not ICO cooperates with third parties also.

It is a nice idea. I support the idea to cooperate with third parties. The third parties may bring positive impacts and ensure investors t0 invest. I see with this way, there is a chance for ICOs to come back to its best performance.

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Offline Alcor

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Yes, ICO projects need to improve their security in order to survive, but this activity is not yet regulated, and the ICO itself cannot do anything to get rid of fraud. Only government regulation of the general administrative activity of these projects can save them from fraud. Perhaps this year the situation in this regard will begin to change.

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Offline gurunanakji777

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I also believe ICOs market is evergreen on the other hand IEOs will also face tough time but at present it is very much in demand by the buyers/investors. I feel only regulation in ICOs can stop the fraud projects to some extent.

Offline masterrex

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Can not ,

ICO cannot be an IEO because these two objects contradict each other on the basis that they collect money.
The ICO is clearly created outside the Exchange circulation and the IEO is in the Exchange circulation.
Why it cant? and where did you find any contradiction with IEO and ICO.? Initial Exchange Offering was equipped with more better security since the exchange is acting like a escrow and that prevent againts fraudster while ICO was still vulnerable to scams and fraud because of its nature. the difference between both was only the security and no contradiction or whatsoever!

Offline gotbounty

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Why it cant? and where did you find any contradiction with IEO and ICO.? Initial Exchange Offering was equipped with more better security since the exchange is acting like a escrow and that prevent againts fraudster while ICO was still vulnerable to scams and fraud because of its nature. the difference between both was only the security and no contradiction or whatsoever!

I agree with your opinion. There is no contradiction between IEO and ICO. The differences are only on listing guarantee and they way of investors to buy the tokens/coins. If ICO can be safer + provide listing guarantee, I think ICO also can be like IEO.
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Good idea, I think it's like that too. But the problem is that nowadays we find many irresponsible people who crowdfunding by tricking them into making it look like a legitimate ICO that is. This is what needs to be considered, ICO teams that are truly real must know how to convince investors and make a project that is very promising.

Offline Legio

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ICO is indeed prone to fraud and the problem until now is difficult to solve, maybe the IEO is a new solution but what will happen to the fate of the ICO? It seems that there needs to be innovation, rules, and cooperation with third parties to be able to restore investor confidence in the ICO, otherwise ICO will die.

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Offline maro101

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You are right, the level of investor confidence in the ICO has become low due to the large number of fraudsters and the lack of regulation in this area. I hope that in the near future there will be a regulator that can solve existing problems and protect investors, otherwise the ICO will disappear.
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