its not meant to sound discouraging but ICO/ITO need to understand.
When ever you have money and investors. REGULATORS will sit and watch. Unfortunately there is always going to be 1 or 2 or a few that will spoil it for vast majority who want to use this form of capital raising.
IF you are doing an ICO/ITO today its going to be different than how it was done 1 year or 6 months ago.
You need to be clear in your white paper, there is more lawyers who can now advise you in preparing this document that becomes your manifesto for your ICO/ITO
-show your plan
-team ( so people know who they are dealing with)
-have a plan to communicate to the investors
Do KYC on each investors and AML
this is now a requirement for all of us regardless of how funds are raised. Today you cannot even buy a house without the real estate broker doing an AML check.
This is GLOBAL you fail this, the regulators will come down hard, because the tools are there and this what they see as a good way to safeguard the market place.
So when regulators do finally decide to jump in: they will have a list of those who are in low risk vs high risk and begin to start investigating.
My advice be in the low risk