I wonder why you said that. Isn't more money will a project to move much faster? I thought this was a good thing.
More money != project moves faster. Some ICOs that raised more than $30 millions dollars are yet to have a live product. Sure, money is a good thing to have, but if there is no serious development behind that, then it doesn't mean anything. It's better to have $10 million with continuous development than $50 million where developer focus more on marketing.
are you seriously comparing ICOs with Bakkt?!!!!
ICOs are scam by nature, and most importantly they were never planning to have any product in first place! if you chose to believe their lies, it was your own fault.
Bakkt is a legitimate thing and unlike ICOs it is not created to raise money and run away with it. it is created to offer a service which I believe is very needed in this space.