With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.
While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
Right now for me, there is no need for a new coin that will do ICO, if they want to get funded they should find a way like pooling all their resources to come up with the amount they need and not asking the general public to do it for them, investors and bounty hunters has had enough, they will only invest and promote if they see your project in the market and doing great.