Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I think it is possible to regulate ico, especially if the project is worthy and wants to show itself from a strong point it will pass any checks , and the investor will also be sure of it for all 100%
The very first problem on the ico company market is the presence of fraudsters that affect the amount of investment and advertising of all projects. Practically, most users of cryptocurrency and because of this do not want to participate in any capacity on the ico market of the company.