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Too many people jumped on the ICO bandwagon....they will learn and those who hold their ETH will laugh their way to millionaire status

I agree to some extent.

Tell me where you disagree.

Well, I believe some ICOs are very successful like the ones I mentioned in the article i.e. Stratis, Antshares, Gnosis etc

I agree here. For every good one there will be 10 bad ones is my only point. Similar to the stock market.