The term ICO implies that we are giving companies the capital they need to create a product or service that may only be an idea. Raising $5 million dollars for an idea is crazy. Raising $5 million for a business is different. Unfortunately, I got burned by some ICOs and lost money because I was relatively new to the whole experience. ICOs should just be avoided right now in my opinion, a lot of them are scams and it's better to have these companies prove their worth to us first.