Which is why these ico's are half baked.
Baked? What you mean?
I guess, he meant "backed"
no half-baked, its slang meaning it's just never going to work or was not fully completed.
We worked with many angels who gave money to ICO marketing. These money went not to the project - but to third parties: the media, opinion leaders, traffic purchases
What I meant was that investors are not looking at the long term outcome of the project. They invest into third parties: the media, opinion leaders, traffic purchases, to promote the ICO. Once they have liquidity in the token, they make their exit strategy. Pump and dump