Very nice post @lukestokes! I agree with your analysis of the ICO situation, but I do have to say that some ICOs do have working platforms and revenue streams, including some of the gaming ICOs, gambling ICOs, etc. Also, some ICOs have a huge potential to modernize and help numerous industries, including Real Estate, Finance/Banking/Insurance, Health Care. You just have to be on the lookout for the hidden gems. And always do your homework on the project, the team, the vision, and the viability of it all.
I also think that Steem is one of those hidden gems, and that its current price is nowhere near the real value that the Steem community/ecosystem/platform is actually worth.
P.S I power up ALL my posts 100% for that reason.
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