A lot of scams who want to earn on our investments, collect attachments, and then disappear, and the project dies. It should be more thought out approach to the investment and need some kind of organization that will in the early stages to detect fraud and to keep them on the market
so I think that all the crypto market needs regulation to reduce the number of scam projects.
There should be a system in crypto wherein it can filter the possibilities that ICO will succeed and with interviews or background check of each ICO, maybe if a country openly accepts crypto and into ICO they can make it as their system before the ICO starts.