The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.
I'm in agreement with on many ICO being scams but then we must pause and ask ourselves why wouldn't there be. And by being armored with that knowledge we can decide on what's the right ICO to go for. Its imperative we do the research.