Then ICO will consume a lot of market capital.
Then the whole market is short of funds. If there is no law to restrict ICO, then the bear market will continue.
I agree with you. Too much ICO does not always have a positive impact, even though it proves that many people are enthusiastic about crypto, but it does have a bad effect on the crypto itself.
Yes. lately, a lot of ICO is not good or fraud. so my advice before you participate in any project, you should do some research first. so you will be far from a fraud. so you'll be safe if you join a project you're following.