close ICO

so how can they collect money to sell tokens and for development

in my opinion it's not a solution, and in my opinion the best solution is, one of the forums must hold the new project in and choose those who really can provide many benefits
I agree that there are lot of problems and scams in the current system of ICO bit the solution to close the overall ICO will not be a good solution. I would suggest that if the ICO is regulated by certain authority it will reduce the risk of people getting scam by them. Currently anyone can make a erc20 token and start the ico to collect money and disappear.
