As long as there is no control over SCAM ICO's, I don't think things will change. Crypto is gaining attention and thus we see a hike in new projects, but a majority of them go SCAM. Maybe a moderate regulation would work in favor and work in favor of investors.
I agree. Continuous scam would probably make the ICO goes down. It will take everything down and we cannot control it. Then it is right to have few regulations to maintain good image but then there is a possibility that it will be hard to be mandated. But then it all varies on the users at the end of the day.