Although I think LCO are an improvement over ICO, I think the concept arrives too late. The investors are so burn out after the ICO bubble that this won´t work.
it's time for the ICO´s to die. A massive purge of crpytocurrencies and tokens is necessary before the market starts to recover. Only very few dozens can survive.
That's a great point @ropaga
It will take so much time to recover investors trust. LCO would have to disconnect themselfs fully from crypto and ICOs. And they cannot do that.
Cheers
Piotr