Is there something that could be done about upcoming ICOs with nothing to show (no MVP), to reduce the risks of investing in projects that will just flop?
Theres nothing we can do on how to stop those useless projects would flood out the entire market as long there are greedy people do tend to make a scam project just to make a good quick bucks from investors.
I do agree on some of your points that crypto is somehow a Ponzi but not generally yet we do know that there is really a real innovation on here but the system on how to cash or funds circulates on the entire market we can really make these presumptions.