I just want an environment where people can invest in projects they love, discuss and monitor the projects for progress rather than scream about lambo, moon and scam. This were partly responsible for "corruptions" meddling in their cure in the name of Regulation.
This method should be one of other ways to raise funds.
Well, see an ICO is essentially a marketing campaign to gather funds for a new startup. To say you want to donate to an ICO is like wanting to donate funds to Apple or Microsoft. Though it is a sweet thought (wanting to keep the greed out of the equation) it's unlikely people will donate unless the idea itself is starting a charity or NGO. If say, the ICO were for an organisation that wants to rescue stray dogs and find new loving owners for them then donation would be an amazing idea! If, however, the startup was aiming to start a factory for a new stylish set of headphones it would be unlikely anyone would want to donate to the project.
Perhaps what you're referring to is something closer to crowdfunding. In this way, smaller startups can receive a (significantly smaller) lump sum to start on a project they would otherwise have no way of starting. With crowdfunding the company doesn't actually distribute tokens but rather promises their contributors a kind of reward for their participation, like a t-shirt or thank you card.
To be honest, there are plenty of organisations around the world that desperately need donations from generous people like yourself. It may not become the next Fortune 500 company but you may very well make a difference in a single person's, or a stray puppy's, life. The kind nature of your question is admirable though, keep it up!