Changing ICO Landscape - Two Innovative ICOs Setting a Trend
ICO regulation might be coming soon, so how companies adjust to that "threat" is highly important. Because of the rapid innovation within ICO's, the landscape for how companies are running initial coin offerings/token sales is changing quickly.
With the threat of SEC regulation and more outcry against ICO's, it's more important than ever for companies holding token sales to do so in a proper manner. Which is why I really like the way in which Bloom and PROPs are running their ICOs.
Article in the New York Times regarding ICO regulation:
https://www.nytimes.com/2017/11/26/business/initial-coin-offering-critic.html
PROPS website:
https://www.propsproject.com/
PROPS project Coinlist and Republic Crypto announcement:
https://blog.propsproject.com/announcing-partnerships-with-coinlist-and-republic-crypto-cb64455c1dbd
Bloom website:
https://hellobloom.io/
Bloom roadmap post:
https://blog.hellobloom.io/2017-2018-bloom-timeline-and-deadlines-8b5f4e7cb834
I am serving in an advisory role to the PROPs project ICO and will receive tokens on a set vesting schedule after the token distribution event
** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
Normally I'm not a big fan of institutions trying to govern things but this is necessary. Poor guys getting screwed over all the time. Look at Confido.
Honestly though, if you did ten minutes of research on Confido you could see it was a sham
Yeah well, everybody wants a piece of a 53345% ROI ICO lol, don't think that's gonna happen again
I'm glad to hear of ICO's that are acknowledging the importance of regulatory compliance. While I am pro free market, some level of regulation protects the general public by ensuring they are given accurate information.
The main question - why it is not regulated now? Drastic measures should be taken about this shady-ass ICO's. I mean, as a crowdfunding method ICO is good, the best one method. But all the scammers came out, and unawareness of people - are toxic for the whole cryptosphere.
Because it's happened so fast.. Government's can only regulate so quickly..
Also, crypto is inherently an anti-regulatory community, so they obviously haven't "welcomed" it
Sure! It cannot be regulated actually, just cannot be on the code layer. The only way to regulate is to shutdown the entire internet! So these guys don't really understand that the only thing they can do - continue imitating benefits of their existence as government