I think the 2018th will be more productive for the ICO. Over the past year people have gained experience, sound skepticism and are already more careful in selecting the projects. If earlier people were ready to invest in a project with a beautiful name and did not even study it, read the whitepapper, now they have already started to analyze and carefully select ico.
So, I advise you to clear your mind from doubts and just calmly select interesting projects that will be able to bring you a profit.
Do you think that minimal regulations can bring stability, transparency into ICO market? I think there should be created several levels: 1) projects only with an idea (risky); 2) projects with MVP (moderate); 3) projects that already testing their product and generating revenue (safe).