Blockchain is here to change the world but it is falling faster than how it got awareness of its benefits especially in the area of ICO. I don't see much start ups getting funded with more than $1m in coming months because of how some companies are handling their project, you can't promise to build a car on your white paper and design a toy car for the project, no its unacceptable, because it is no longer your company, the price of the token and value is tie to your project and what you can deliver.
The call for STO is good but the companies should make things clear, let us know at what time ROI and profit should be released, how long royalty should hold, what value of the company should be given away just like in shares, let us get clarification. The companies should not be so scared of SEC that they accept all terms and run into trouble, too much pressure can make a good company with firm projects hit the shallow water.
SEC should regulate marketing sites for ICO listing, its crazy to charge start ups $60000, common guys we are not living in wonderland, for fraud to happen in an industry, i feel they might have seen that when they follow due process they can not achieve their goal, so they elope.
Regulation should cover KYC from the companies also, the companies should come clean, i should be able to know the company and who they are subject to in the country the project would be done.