ICO's need to start asking for the real value they need, projects asking for 40M when they only needed 1M at most is the biggest problem, if they deliver the token value will fly so the tokens they still own will too, that way the risk/reward is better divided between investors and ICO makers.
In case they raise 40M even if the token goes to 0 its a big win.
We need more honest ICO like confido.
I do not disagree - a large size does not have to be detrimental if the business plan backs it - decentralised energy and associated projects globally could easily swallow 2bn USD.
However, most could survive on much much smaller which then kills the holders.
What is even worse in my eyes though are the ICOs that issue tokens to themselves IRRESPECTIVE of size raised. That is a clear scam. To make clear what I mean - 1m tokens raised - 100m tokens to the team, or 100m tokens raised - 100m tokens to the team.