I hope the ICO craze will end soon.
I don't think cryptos should be mixed with startups/kickstarters. Cryptos should be trustless, transparent and decentralized, ICOs are none of those things so using a blockchain platform doesn't really offer any benefits to them, in fact just giving a bad name to cryptos.
But a lot of crypto-newbies gamble with them thinking they know what they're doing and that crypto is all about pumping and dumping random "projects". These people ignore, or not even aware what crypto stands for and just giving a bad name to it. And they will eventually get burned and hate cryptos altogether. Profits aren't made from nothing, it comes from other people's losses.
im a disclaimer of scams ico and dont wanna tolerate those damn money maker in wrong way.but i dont believe that ico should be stopped,many ico are profitable,legitimate and has potential.the problem is not given a chance by those big investor to try their capacity.
Lets give chance to the ico,but we must be vigilant and observant in regards on joining or participating on those,for you not to become a victim