Nowadays, I can see a lot of upcoming ICO's who promise to do this or that and thus make the world a better place? Do you think this is going to hurt the crypto market in general? I am talking in terms of trust, potential and ofcourse, the earnings you make at the end of the day (or a particular time period, for all investors out there)?
Of course it has hurt the market already. Just look at how many scam ICO we have so far, almost 80%-90% are just pure scammy and shitty ICO's with no real life usage whatsoever. They just want to suck the money out of gullible investors.
And then we have a legit ICO, however the problem is that this project is just a copy cat of previous ICO's and possibly copy and spun the hell out of it and just add a few flavors.
Project teams need to developed something unique, something that will stand out and have the fundamentals and potentially help a lot of people.