It's crazy, isn't it, to see such huge sums of money being raised?

I saw a new music-related ICO today, attempting to raise some huge sum of money.. I won't name it.. but it was a three person team with basically no experience and a generic website, promising the world with absolutely no software and just a single image to show. Meanwhile, Bittunes has a fully functional version of their software, already running on Bitcoin, since 2013!!

And then LBRY is fully functional and quite impressive with just 500k of VC funding and no ICO at all...

Investors have to be very careful and picky right now. I think we'll be seeing a lot of ICO disasters in the coming months and years.