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We should try regulating ICO because it's dying, we need something that could save it, and regulation is the nearest possible thing that can do that, people do not want regulation in ICO but until now, there is no fix on how can we overcome failures from getting scammed and failing to reach softcap
ico is not dying because if it is then why do i still see alot of ico's scattering around this forum and also on other websites on the web ? ico's most of them are now also regulated because they are now implementing a kyc but some says that kyc is risky because scammers are still there lurking around . however kyc is beneficial to the project because kyc helps prevent abusers whether its from an airdrop/bounty or for the investors of an ico .