This is fascinating, @alao. For anyone considering investing into ICOs, I've just created a handy chart for separating out the "visionaries" from the "opportunists," based on a recent investors conference I attended -- it's a great tool for us all to decide whether this is good bet:
https://steemit.com/blockchain/@futurehuman/are-you-looking-at-a-visionary-or-an-opportunist-a-comparison-chart-for-blockchain-ico-investors .
Also, this post discusses some of the challenges that people face in investing in this fast-paced market: https://steemit.com/blockchain/@futurehuman/the-rise-of-the-ico-and-bad-actors-three-hazards-for-blockchain-investors-to-bear-in-mind-in-today-s-hot-marketust .
Yea the crypto market is very seedy and filled with deceitful actors. When you a trader you sometimes forget to do the DD and just follow the charts.