Same here, I thought it looked good at first. Maybe it will succeed, who knows? But an uncapped ICO in the current climate is irresponsible at best, and at worse utterly absurd. And when you take into account that the Brietmans are also getting fiat cash direct from the sale, well...

I've linked to this before: https://www.reddit.com/r/ethtrader/comments/6am251/what_are_everyones_thoughts_on_tezos_coinss_ico/?st=j3epkx1m&sh=8b6c9d53

There's a fair amount to read, but this part stands out:

"This is the first ICO to my knowledge in which the founders get 8.5% of the fiat proceeds in cash in addition to 10% of the tokens. This means if things go well, they will be extremely wealthy even if their projects fails in 1 year. This 8.5% is through the Breitman controlled US entity, DLS. I wonder how many potential ICO participants do not understand that this ICO is endowing not just the Tezos Foundation (10% of tokens, plus fiat), handpicked by the Breitman's and "philosophically aligned" with them, but also the Breitman's via DLS (8.5% of the cash, 10% of the tokens). The conflicts of interest are many and the structure is murky."