I see a lot of Ico's growing like mushrooms but not much investors. Some of them don't even reach the soft cap. And just keep pushing the deadline. And some others just focus on the private investors. The thing is that a lot of coins don't see the light. Personally I think this is a good thing for the whole ecosystem. There are already more than 2000 coins and just keep adding more and this is not healthy. Some projects just add blockchain but without a real value, just another coin out there like we don't have enough

We need to create certain group that would be responsible for creation of new tokens. There are too many shitcoins on the market, you are right.