Ico And The Tight Regulation Of

in #esteem6 years ago

image

Fundraising through the ICO in the crypto world will eventually intersect with the regulation can not be separated. It remembers the ICO is also widely used as a mode of fraud, prone with hacking attempts, and large potential scam.

Many parties assess at the turn of the year 2017, with marked with mencuatnya issues tightening the regulation relating to the ICO as a sign of declining ICO projects. For example, the SEC considers the ICO is important enough to immediately was regulated. While in some other countries have also sought to stem the ICO.

Most of the organizers of the ICO does indeed come from big companies, startup and fintech. They-they were makin shows the trend of pro with the ICO. But once again, the ICO has a negative stigma to linger, especially with the trend which is easily used as a cover by certain parties to commit fraud.

Not only as the mode-mode of fraud, but not the least the ICO project also compromised, or claiming to have hacked or stolen, so that led to harming investors. In fact, there is a presumption that assess that 90 percent of the ICO project has failed.

The situation eventually invite attention to policy holders attempting to approach the more strive to protect investors. However, the ICO applies similar as is the case with IPOS. So far, organizers of the ICO is indeed has no reference to legal regulation.

In the United States for example, through the SEC, began making a regulation that tries to set the organizer of ICO, ICO Compliant. One of the projects the first ICO has complied with the rules of the SEC is KodakCoin. However, the fact is any KodakCoin even had delayed the implementation of the ICO they originally run in January, becoming the 21st May. A lot of rumors circulating then is that KodakCoin tipped scam.

The display Windows of the thing, by contrast, ICO or any organizer of parties equally tough enough for synergized with each other. A number of organizers of the ICO that include U.S. territories for sales in tokennya the pun frequently find it cumbersome regulations related to it.

While decisions of the organizers, already terstigma that makes the project much more strategic than ICO IPO. Initial Coin Offering is seen still far more easily and effectively. Stigma during the IPO should always include detailed financial information, tax profile, organizers, are more significant.

Associated with the realm of regulation was further encouraged the organizers of the ICO, as if there is no other way but to strive to adhere to the rules.

Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by pitrapratama from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.