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?
For me, ICO's are actually good thing and it helps us and their projects. But of course it also have the negative effect like what you said about fake ICO's and scammers. Most of the ICO's today are not legit or simply scam. I believe in ICO and it is very helpful but if we join, we mist sure that it is not scam and a good reputation ICO.