Hi,
Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude
Yes.Its right.Nowadays,even the institutional companies have started to enter the ICO for raising funds for their projects.They too might suffer due to the image that almost all ICOs are scam.ICO is a good concept but unfortunately there is no central body to control and regulate it since crypto market being the decentralized market and that's the root cause for all such problems. Nowadays thousands of ICO companies come into the world and die! The problem is that big part of those ICOs are means of just getting money and nothing else. It causes lack of trust and people are afraid of investing their money in ICOs.
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
E.g. KickCity is a company that has existed for two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion. Such companies shouldn't meet obstacles because of scammers!?
What is your opinion on modern ICO regulations and investors' attitude to ICOs?
P.S. all mentioned above is my personal opinion and I glad to hear any attitude