I think it would be a good idea to have some level of regulation in the ICOs that are spreading throughout the cryptosphere. I know this would regulate the number of scam projects in the cryptosphere and would also save investors their money and bounty hunters from wasting their precious time on useless project.
when the ICO already has clear rules, indeed it can be a good step for ICO sales and will minimize the case of scams from ico in circulation, because at this time there are many investors who are afraid to invest in ico because they are afraid of a scam.