Yes you are right. If you look now, there is so many ICO's that give many opportunities to us,
to invest on them, to invest in cryptocurrencies with their tokens.
But unfortunately, there are some 'worst peoples' that using ICO for bad deeds.
Just be careful to not get scammed for those peoples.
You commented correctly.
All business models are profit oriented. But it is good or bad because of human actions. So do not judge ICO or electronic money is bad.