I have noticed that many people are against ICO's. I understand that people nowadays are launching fake project in order to scam money from people in the name of initial coin offerings. But if you think the other way, it promotes the genius and brilliant minds who dont have enough money to invest in the project and work on it to make some revolution in the field. Not every brilliant mind in the world has money to setup as startup. Moreover, its not that hard to determine a potential project if you read the whitepaper carefully and do some research.
Other way thinking is justified in case genius is leaded by his talent, but not his greediness.