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?
To the best of my idea and knowledge about cryptocurrency, creating a mass regulation has its limits, and it can just incur a lot of boundaries that people around the cryptospace might not want. But if we are talking here just about the ICOs in the market, proper verification of the team, and proper compliance is enough.