Post
Topic
Board Altcoin Discussion
Re: Should ICOs be regulated
by
Mrsparks
on 04/04/2019, 19:16:37 UTC
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?
Am completely in favor of this school of taught but the problem remains who will bail the cat?.. This could have been a brilliant idea but no one with the requisite credibility will like to stand up and play the role because even vetting projects can be difficult....