Post
Topic
Board Altcoin Discussion
Re: DO WE NEED TO REGULATE ICOs?
by
CaVO32
on 26/12/2018, 08:51:16 UTC
Well i say yes! Currently there are so many projects with similar goals and visions and some of them even don't have the needed capacity and resources to see to the success of the project but yet still competes with the capable funds when funds are being raised. This has also increased the number of scam projects in the cryptospace and this is really tarnishing the image of crypto investment. Let's not forget that if men were angels there would be no need for laws. I am not talking of a Centralized Regulating Body but we can use the concept of masternodes and run a decentralized ICO regulating body. Let's explore all the possible ways of how we can actually curb this menace in the cryptospace.

Of course, the ICO market today needs new regulatory principles, reducing fraud and investor risk. Thanks to this, it will be possible to restore confidence among the participants and increase the total amount of investment. I really hope that such changes will occur in the coming years.

that would be nice if in case there will be some sort of restrictions when running ICOs. less fraudulent projects though I can say that there will still be scammers on the move. but the big question is how and who will implement such regulations? this idea is still punch in the air though...