Post
Topic
Board Altcoin Discussion
Re: DO WE NEED TO REGULATE ICOs?
by
fosco333
on 08/02/2019, 15:40:42 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.

Maybe some regulations about ICO will be needed to ensure the investor's funds are safe in the ICO company hand.
Too many scam projects in ICO which already bring trust damage to the investors of cryptocurrency. Regulations will prevent more scam projects i guess.