|Two things need to happen if the ICO market is going to thrive on a long-term basis:|
1) There needs to be regulations in place addressing the issue of fraud in the sale of utility tokens. Theoretically, the sale of equity tokens is already covered by existing SEC regulations.
2) Secondly, there is a need for credible exchanges to evolve that will sponsor and vet ICOs and hold them to a minimum level of standards, similar to what Kickstarter and Indiegogo are currently do for crowdfunding campaigns. It is my understanding that Indiegogo will be holding it first ICO this month. Kickstarter currently has no plans for an ICO.