i skimmed through the "millionaire boy"'s story but i didn't see anything about any ICOs! it was a 200BTC easy money that fell in his lap and then he held it for a couple of years and make a lot of profit!

and the future of ICOs is very simple, it will be the same future as premined altcoins have. today you can no longer see any of them around, and soon we will get rid of this ICO method of scamming too.