I think the ICO shitshow has done more than anything else to bring unwelcome heat. Had that not blown up there might've been more time available for crypto to infiltrate things under the radar. That chance is now blown.
I actually can see this be a favorable outcome. It speeds up the process of having regulators finally dig into this space, which otherwise would annoy you and me somewhere in the later future.
Regulations are inevitable, and for that reason I rather see them be forced through right now than tomorrow. It will take away uncertainties as well, which should open the door even further for non crypto parties to enter.
Do you think that ICOs were the biggest ever crypto related shitshow or will we face a new hype that will make the ICO boom look like a joke? I personally believe that we've seen the worst.