How do you see ICO's from a moral perspective? Do you believe that it is okay to ask for money from people, who (most of the time) essentially does not know what they are signing up for. I know there is different kind of founders (those who really live for it and those who goes to hawaii after an ICO), but there are moral aspects of both situations.
Good to point it out, but in most of the time, they think that managing an ICO can be a step closer to being a millionaire, specially to those who live for it. You are investing your talent and time, even your money to manage a fund (that comes from other person's investments) to make your project successful. But along that series of steps, one cannot guarantee that both the manager, stuffs and even investor will benefit from that project. The manager will try to do his best to protect his trust rating and increase more trust from the crowd to earn more money (the more investors the better). On the other hand, the investor will protect his money by studying first the ICO before investing or issuing money to that ICO and making sure that his/her money is being used in the right way and is earning. In defense of the ICO, he/she is not forcing others to invest, just asking those who can and willing to invest. If an investor does not know what he/she is investing too, then i can only say that he/she should change and try to know what he/she is investing to. If he/she got scammed, the only one to blame is him/herself.