Holy cow, chill the hell out. You don't even know what you're talking about because the details haven't been released.
The ICO stuff is frustrating but the anti-ICO crowd is becoming more of a pain in the ass.
Yeah, you very obviously have not been doing this for very long. The "anti-ICO" people have a very good reason for being "anti-ICO", you would know this if you actually paid attention to the threads. A lot of people have lost a lot of coin from more legitimate looking ICO/IPO's than this one, so many times in fact that it just gets old and annoying.