These ICOs are going to take more and more scrutiny now from entities like the SEC in the United States. Even though they allow unaccredited investors to buy into startups--they are going to be fraught with fraud. I mean, let's say I write a white paper for an idea and I need $2M USD to get it off the ground, and I raise $150M USD? There is high temptation to take the money and run--I mean the funding is more than the idea will ever be worth!