I do not know why! I only think that Ico project is a more modern Ponzi method right now.

How about you, YES OR NOR ?

Yes. Somehow but only to the developers i think it became free money. But the poor investors and poor bounty hunters are just victims of the said scam. Sad but what can we do? Though there are also legit ICOs some of their tokens if not listed in exchanges, some dont increase in value.