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.