Well while many are so damn negative and only see greed, I chose to see and call it opportunity...This is all quite very new and while many "bad" projects and people could be inundating the market, there ALSO are many quality ones (projects and people).
I remember when media was bad mouthing bitcoin when silkroad went down and how crypto world was viewed as seedy, greedy and criminal. But the label didn't fit them all, just like the greedy label doesn't fit all ICO's.
It's not wrong to want to make money. Sure, it's very wrong and disgraceful to want to make money by lying and cheating people but none of these low schemes would have ANY chance if people would take some due diligence and never throw money they aren't comfortable losing.
Us as consumers need to understand the risks and us the consumers should dictate what makes it or not with intelligent and assumed choices.