You have many great points about the pros and cons of ICOs's. Another pro worth mentioning is the accessibility for investors. Allowing access to small-time investors, and not only those who have the largest funds and business connections. We at Blockbasis believe in the importance of inclusion and encourage anyone interested in crypto, which is why we have built a platform where users can send and receive cryptocurrency with just an email address. No more public and private keys, we want users to feel safe and allow them to send cryptocurrency with something they are already familiar with, an email.