@Screamshot

Yes there is a urgent need for regulation. The question is though: Who is going to regulate ICO's?

Usually it is the country the company behind the ICO is founded. Which means that scam ICO's just move their HQ to a country that is has low regulations. So the best solution, in my opinion, is to look at the ICO's company's origin and determine from that if it might be a scam or not.

Country with high regulations for ICO's = likely not a scam.