Post
Topic
Board Altcoin Discussion
Re: DO WE NEED TO REGULATE ICOs?
by
bchain22
on 16/01/2019, 16:01:39 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. I don't think there is another answer. Unregulated field creates the opportunity to scam. There will be a lot less scams and failures when the ICO ecosystem is regulated.