Does ICO need regulation?

[Majaz]

Given the many frauds on the ICO project, I strongly agree if the regulations apply to the ico that will appear. This is for the comfort of all of us who are involved in it.

[tonymillions84]

the question is who will run the regulation. it is a hard task to run regulations for projects and also for ICOs. the clear plan is to do your own research in every investment you want to join else you will waste lots of money. some projects have no focus. all they want is the money from people.

[Joinrepublic]

There were too many scammers in 2017, at the moment when the rise of Bitcoin lured many new players to the market. The bear market has driven many scammers out of the game, because after the Bitcoin collapse:
1) many potential investors left the market.
2) Increased awareness of people investing in projects. They began to think more about what they were doing and how it should earn them money.

I do not deny the fact that the ICO market needs rules. But it should not be iron mittens. Everything must be adequate and plastic. It often happens that some investors, by their very nature, are starting to spread incorrect information about the project and accuse of fraud. It is necessary to make sure that the project has the right to defend its reputation and to protect itself from attacks. And since we are talking about the regulation and punishment of unscrupulous projects, then we should not forget about unscrupulous investors.

I say this because I myself have seen how people invest money without even reading WP projects, and then they are surprised at why the project does not develop along the path that they want. Such people are prone to panic and very often begin to spread false information, guided by personal insults. Some of these people require projects to buy trading volumes. But, as far as I know, it is generally illegal.

[pelana vreo]

Many ICO scams in 2018, there is a list that I can see from other forums, but I can't put the BTT link here.
Fake ICO projects will harm many people, especially investors and for the progress of cryptocurrency, I strongly agree that there are regulations to make ICO safer for investors and the crypto community

[Rituvohra01]

I always prefer regulations. For the smooth functioning of every work their are regulations required.

[debra]

I always prefer regulations. For the smooth functioning of every work their are regulations required.

Yes, you are right. Regulation is needed to make ICO be better. Regulation may function to make investors more trust in ICOs. They will think that regulation can guarantee security. As there are many bad issues related to the security on ICOs, then regulation may be a good solution.

[Rindian]

Of course it is necessary. This is to limit the movement of ico so that it is not too free which eventually appears fake ico too.
The most important thing is to give confidence to investors to get back up, because ico appears with new regulations.

[Jun]

 the fact really there's a clamor that we need changes in
 ICOs projects or should be regulated,  yes I'm in favor because we are all experience  the scam ICOs which contribute bad image on crypto space,and many potential investors losing  their trust and eventually create fears to crypto community. again I'm in favor to be regulated   by my question is  who
 manage the regulation and create  law's? but if people only have god fearing  there's no need to create regulating body, every one should nead quick change and remove the greedy in our hearts.

[Prime]

I think we need to start thinking of how the systems of regulation to the certain ICO., and who will make the regulation. One of the ways sometimes should be the one that they can control But t=it is impossible. Probably, we need to ensure that their team is real by doing KYC for the team.

[ayatoslaw]

There were too many scammers in 2017, at the moment when the rise of Bitcoin lured many new players to the market. The bear market has driven many scammers out of the game, because after the Bitcoin collapse:
1) many potential investors left the market.
2) Increased awareness of people investing in projects. They began to think more about what they were doing and how it should earn them money.

I do not deny the fact that the ICO market needs rules. But it should not be iron mittens. Everything must be adequate and plastic. It often happens that some investors, by their very nature, are starting to spread incorrect information about the project and accuse of fraud. It is necessary to make sure that the project has the right to defend its reputation and to protect itself from attacks. And since we are talking about the regulation and punishment of unscrupulous projects, then we should not forget about unscrupulous investors.

I say this because I myself have seen how people invest money without even reading WP projects, and then they are surprised at why the project does not develop along the path that they want. Such people are prone to panic and very often begin to spread false information, guided by personal insults. Some of these people require projects to buy trading volumes. But, as far as I know, it is generally illegal.

regulation for ICO is like need and not,
but seeing the fact that many investors who rarely read WP or do not do research is a clear reason,
that taking an ICO requires a lot of steps and must be careful.

[Alcor]

So far, we can say for sure that the catastrophic situation with ICO projects largely occurred precisely because of the lack of government regulation of ICO projects. It is necessary that the authorized state bodies check the ICO team, establish clear rights and obligations of the participants in these relations, including protecting the rights of investors. Then the popularity of ICO projects will rise again. In the meantime, I see that states are not in a hurry to do this. One gets the impression that they are deliberately demanding regulation to discredit the very idea of ​​cryptocurrency.

[diygirl]

regulation for ICO is like need and not,
but seeing the fact that many investors who rarely read WP or do not do research is a clear reason,
that taking an ICO requires a lot of steps and must be careful.

So, what is the decision? Is it needed or not? For me, I think it is no need for bounty hunters but for investors, it is needed. I don't see the necessary thing for bounty hunters to have ICO regulation. I still don't understand with the regulation need.

[Jamyo]

They seriously needs regulation cus of increase scam and fraud activities going on in the industry

[aiviaa485]

Audit and regulation must be created by an altcoins as well, so I'm sure the altcoins that make the regulations and the audit will be the pioneers for these altcoins.
Suppose like Hacken is strong in terms of auditing in the finances of a project.

[Richa99]

I strongly agree with your opinion that the regulation in ico is very necessary and helps bounty hunters to follow good ico.