I don't think I can contribute much as I don't have much knowledge in finance or ICO creation. However, it is interesting to see how difficult it is to create this type of company and the consequences it can bring if it is a success and if it is a failure too. It is a risk that runs who executes it. I guess all business start-ups are the same.
I suppose that in terms of cryptocurrencies, there are still no regulations stipulated globally, it still depends on the country where you are.
I think what gives a token its true value is its usefulness, like the Ether.
It's a very interesting post. 😊