Too many scams made investors lose confidence in ICO projects. I think it is time to have specific rules for ICO and IEO projects.
Its all for investors view but they are warned not to be a victim of the ICO or IEO scam. Good projects can not be good when the team can't launch the product. Cardano takes years, more than 3 years to finally launch its mainnet but it didn't really created a big market even after the release. Just not making people invest to a cheap token that has been on the exchanges for years, why would an investor invest to ICO tokens not on exchanges yet?