Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
In my own views, i observe that the proliferation of many token ICO's and then fail, resulting to the decrease of value of ethereum, this might be because investors are skeptical in terms of trust and confidence about the ICO project. I hope ethereum community, could do something about this, i am worried maybe the ICO industry are just a way of making money for scammers out there.