It is unsurprising that fraudsters have attempted to capitalize on the hype surrounding the cryptocurrency space, especially given the parabolic bull run at the end of 2017 and beginning of 2018.

Fortunately, the industry is maturing and I believe it is beginning to self-impose higher standards with respect to ICOs. ICO Alert, for instance, is a relatively new company that vets ICO listings to crack down on fraud and empower others to separate the wheat from the chaff.

The jury is still out regarding how regulators will ultimately impose their will. With that said, there is a silver lining: Regulatory clarity may serve as a major catalyst for a stampede of institutional and retail money into the ICO marketplace as well as the industry as a whole.

At any rate, it will undoubtedly be intriguing to monitor developments concerning ICOs as the industry continues to mature.