Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.
Regulation is indeed needed to control the possibilities of any scam project who are just trying to steal the investors money and deceiving the bounty participant. But until today that kind of regulation is still not fully available to controll that.
Government regulation needed to reduce ICOs scam. ICOs scam make cryptocurrency like scam market and its make people not trust on cryptocurrency. Regulation should be made by government because government have a lot resources