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?
What would be the impact if we allow regulatory commissions to handle the ICO or any investment platform on cryptocurrency? Well actually, the freedom that we already have now is the best option that we already have. We should exercise and be responsible enough and that's good. Allowing regulations will going to incur restrictions on our capabilities.