There is a theory that crowd always right. One person can make mistake, 7 persons can make mistakes but crowd can not make mistake. But the experience of ICO shows that crowd can make mistake too.4i
Had it been that the crowd has the power to control the whole project, then the mistake would have been limited, because many good heads cannot make mistake at the same time. Some projects in the past, have had tremendous support from the community and the same is repeating it's on some projects.