Don't you think there should be ICO regulatory body?

[Daramola Abiodun T 60]

We have thousands of ICO already. Even investors may be scare to invest their money into crypto currencies due to huge number of new ICO daily. Since we do not even know which one is genuine and which one is not. So.many prople have been disappointed already. So.many ICO had gone into extinction. So many have been scammrd. I think there should be body regulating new ICO. What is your stand on this?

Edited October 8, 2020 by Daramola Abiodun T

[Daramola Abiodun T 60]

3 hours ago, ahmedrafy said:

Yes, I am with you, there must be a supervisory body that supervises ico
 currencies because there are many currencies fraud and there are those
 who will tread the same path and the deceivers are many, and the
 crypto market is full of bad models.

 

 

 

 

 

You're right. I strongly support ICO regulatory body that will thoroughly and succinctly investigate any new ICO. They should check their white paper, check the board of directors and financial commitment of such ICO. This will in no doubt reduce this issue of ICO launching today and disappearing the following day.

[maher .youssef 128]

Yes, indeed, it is better if there is a supervisory body on ICO

[Daramola Abiodun T 60]

On 10/8/2020 at 4:03 PM, maher .youssef said:

Yes, indeed, it is better if there is a supervisory body on ICO

Yea! You're right. If there is, these new ICOs that have the aim of duping people will be discovered earlier and tamed. Some of these people know for sure that their coin cannot survive the hit, yet they will launch it to dupe people. Regulatory body will curb this menace.

[giangvan 36]

Yes, we should manage ICOs to avoid being taken advantage of by scammers

[tienda 8776]

On 10/8/2020 at 2:23 PM, Daramola Abiodun T said:

You're right. I strongly support ICO regulatory body that will thoroughly and succinctly investigate any new ICO. They should check their white paper, check the board of directors and financial commitment of such ICO. This will in no doubt reduce this issue of ICO launching today and disappearing the following day.

Yes really should be ICO regulatory! And yes @Daramola Abiodun T we strongly support ICO regulatory to avoid many scammers fake projects. There are a lot of ICO but the majority are not real created by scammers, but if there is a such place of website ICO regulatory we can find there the real project. 

[scofield64 943]

On 10/8/2020 at 9:24 AM, Daramola Abiodun T said:

We have thousands of ICO already. Even investors may be scare to invest their money into crypto currencies due to huge number of new ICO daily. Since we do not even know which one is genuine and which one is not. So.many prople have been disappointed already. So.many ICO had gone into extinction. So many have been scammrd. I think there should be body regulating new ICO. What is your stand on this?

I'm with you it's will be good if there's a body regulating ICO. There are lots of ICO nowadays and we can't differentiate between the good one and the bad one, so regulatory body can help. 

[JanBomCrypto 494]

Cryptocurrencies generally are at their very beginning, but with time, governments will look into it, ICO and the likes will be counted in, there can be many such projects that perform exit scam for now, bit with time, governments will take such down. I can even see government intervening in some that that are ponzi recently. 

[ibrahim halil anaç 138]

Definitely yes. I believe it should be the ICO regulatory agency. Thanks to these supervisory bodies, many people can be aware of ICO scams early and prevent ICO scams.

[Calvinpriva 17296]

On 10/8/2020 at 11:24 AM, Daramola Abiodun T said:

I think there should be body regulating new ICO.

This would be good and helpful because now days there new ICO's everyday, and most of those ICO's are fake. They fake in many ways, most of them they will have a good price before the listing, but after they listed on exchanges they will drop even to 90% and you will end up losing all your money.

[Froshk 1828]

It would be worth it to have ICOs regulated on other to check the activities and probability of innocent investors falling into the possibilities of ponzi schemes 

[Ziyech 478]

This post is extremely beneficial to new participants on this forum. I had never heard of the ICO before, but after reading this valuable post, I now have a basic understanding of it. Thank you very much, friend, for communicating this essential and interesting post with us.