I agree with you. Each day we get more ICOs. Sooner or later I'm sure there will be some regulation. I'm sure majority of them are fake and just trying to make some quick cash. Only a few of them you can find vital information on.
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I can take 100d ollars of $ETH and put it on a wallet and make some random coin right now, Start an ICO and shill the fuck out of it! A lot of people have caught on now and are doing this, but these are dishonest people. I hope the space will be filled with more honest people and the average joe like you and me can differentiate between the fake and real projects.