Okay guys please tell me whats up with this ICOs they are showing from nowhere and getting vast amounts invested in them? Like wtf who will buy that? Every new project has it's own token!

But seriously I just hear new ICO raised XXX next ICO raised more funds and all. In theory why would people even buy them as there is just to much of them and most of them don't even need to create new token to operate, but they do to make  money...

Is this some kind of legit scam/ponzi where they have a big % of "fake investors" just to caught publics eye? Because I don't really understand the people who just invest in them tons and tons of money.... Also these ICOs have enough money to advertise them selfs over the internet and to pull and how to say lure more investors in them.

Tell me your thoughts on this as it's getting ridiculous I mean if it's that easy let everyone create its own ICO and develop something as we will earn more than we could without the ICO....

Or am I missing something here and they are a revolutionary things?