You all are ignoring what they are.
As in HOW THEY WORK and whether that is appropriate and.. fair.
Why did dev's drop mining coins and ramp up output (more coins) ?

You are all skipping over the ideology of crypto that was established many years before an ICO existed.

Lets recap.. when Ripple or Ethereum launched they were considered scammy..
Because they were an ICO.
That is history people.

Problem is the newer crowd joining in kept lowering the bar.. simply out of greed.
Don't kid yourselves this is not about "crypto currencies"
It is purely about profits.

Period.

So what do ICO's have to do with a crypto currency ?
Not a god damn fucking thing.
They are a scam vehicle.. a new age version of an old pyramid scheme scam design.
Can any of you with a straight face say the ICO distribution method is an improvement over a mined coin like Bitcoin ?
If Satoshi wanted to ICO Bitcoin he would have chucklefuck's.

All we have here is losers.. shitbirds and profiteers and investards.
The morality nose dived hard when mass SCRYPT cloning took hold and worthless garbage like Doge coin exploded in popularity.

The reality is crypto outgrew morality.. it has no need for it anymore and left it for dead.
And unlike all of you i will not contribute to this bullshit.
I quit.
I never have nor will i ever own or support an ICO coin in any way.
Apparently for a little Bitcoin "dust" many of you will.

Crypto is in fact being killed off.
It is now stained forever..