Hello there. Just wanted to share a particular thought.

About much of them will not survive and become a scam, hundreds of millions will be lost.

You know, companies, from startups to consolidated to big brands, do fall all the time, we do not stop believing in cell phones just because Nokia didnt managed to stay in business as a competitive one. Or do you remember the "beeper" thing before cellphones ?, it just went off in a matter of 2 years at the most.

So yeah, ICOs will turn to be not a profitable business or will have bad execution and even random issues like the death of a leader or government issues who knows. Also scams, also like many cases in the non crypto world like ENRON or the ponzi scheme cases, for that you do not need and ICO or blockchain tech, you just need people and we in the world have plenty of those, haha, ask the Chinese.

Long story short, i agree with something you also agree, but maybe between us we dont, and is the nature of business and particularly, technology business.