Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?
Yeah, there are too many SCAMs in the ICO market, but I hope this is just a matter of time. More and more platforms that will "filter" ICOs and help reliable projects to raise funds are emerging today.
ICO is a great ways introduce a project to everyone who wanted to invest regardless of life status. With respect to scams and other fraudulent actions of other groups of people who seems to ruin the reputations of crypto currency projects with a wrong perceptions. This has come to a point that people lost trust of crypto because of these reasons. Overall it's really necessary for us in order to grow the demand of the crowd funding of a certain project.