5. There are good ICOs out there[/b]
From my own personal experience in the industry, what Ive realized is that there are also many good ICOs who are actually trying to do something genuine, finding a solution to a real problem and creating profits for the investors. However, finding them out of the jumble of bad ICOs is something that requires patience and a lot of research.
Yeah but it is just so difficult to spot them.
It really differs about the will of the management behind it.
Some of them really have the fund but just needed help to push the project into a different level.
What I mean is, there is already a company that is ongoing. But it cannot go forward due to lack of funds.
Since they are not being backed by their government so they are forced to create another option. And that is ICO.