Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
Say thanks to Buterin with his Ethereum that made it possible to make crowdfunding on blockchain. Though I do understand why those projects would need $ several dozens million. Salaries consume a large part of funds (especially when there are like 10-15 consultants). Technical development (main net and product demo) and listing of a token is also a rather cost-intensive part. But still it's no good when there are tons of projects with similar ideas.