ICO projects are created a lot every day, and no one can monitor and control it. No other censorship centers are required to be required before being released. And most ICOs fail immediately after listing on the first exchange.
Don't think bad on all of ICOs projects or altcoins, if you don't follow the progress of ICOs because i have found great of ICOs event they did not got their softcap. I will gives the proof to all of community when it is ready.
Like you said, there are great projects in ICO, just that many participants or investors are quite too greedy, it is not only in trading that greed is being activated by traders, bounty hunters, campaign managers, investors too are sometime greedy here, reason why I said so is that, to do a thorough research on a project and get the good ones out takes time, but many us wants to participate in plenty projects as much as possible, so that we can gather enough quickly within the same time frame, so it reduces the level of verification we do on them, we just pick one or 2 things that are not valid n there white paper to judge them.
We need to stop being greedy, if it’s one project we can participate in, in a month and will give us a very good products, we should do it, we have to be extremely selective now about the project, we need to make calls and contact people from different places for verification of these projects before we finally arrive on a conclusion.