What can we expect from a unregulated market. Fraud is prevalent. Each person for his own good
Everyone has to do their own research in this market at this moment. The market is too much red for all the crypto and ICO's too not getting much investment.
I think that crypto crisis of this year occurred because of many scammers among ICO's, during this time investors have become more cautious.
Not only scammers among the ICOs. I would say that most of the projects failed to deliver their promises (some projects promised the sky and the stars and it was obvious they would have a hard time to stand to their promises). So I guess investors nowadays don't get hyped so easily again.