Hello , What do you think about ICO as a way of raising money in the next years? .Specially after all the scam projects we have seen before,like last time the team of a project called elementh(
https://icobench.com/ico/elementh) claimed that they have to quit the project since they did not have enough resources eventhough they raised about 8M USD , and after ICO no single step forward the development of product has been achieved.
They wanna return the money to investors as btc and eth after all this bull market (btc was about 10K usd ).
ICOs are good way to raise money but you just need to know what anything with an advantage can also have a disadvantage. ICOs have seen a huge growth recently and were able to surpass $550 million in funding. They are a way for a rapid funding and fewer regulations .
It is not like the traditional model that you will have to go through long process.