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Yep I agree.... I am not sure what needs to happen to really clean the space out, but something needs to happen.

The free market will have to work itself out I guess.

bingo. This is a great laissez faire experiment. Lets let it do it's thing.

When an IPO happens, people already know the company. When a new ICO happes, people just invest because of the hype in the crypto technology. Maybe when the hype is gone, and crypto related companies are judged harsher, maybe then we will see a cleaner market of coins.

I said this years ago. If they ALL have value, then NONE OF THEM HAVE VALUE.

Some coins with real value will survive and many will fade away in the future....

Yes, most have to fade away or there can be no real value.