I believe that ICO projects should be regulated. There should be one authority that will check projects for all criteria before launching it. That's when I think the ICO market will get better.
What kind of regulation are we talking about, I just can't understand? If you speak in general about regulation by the state, then I also think that something similar is needed, if only for the data of our personal information to be there, so I think that the situation as a whole is very squeaky.