Quite recently, Charlie Lee, creator of Litecoin stated that the Initial Coin Offering (ICO) craze is out of control because people never learned their lesson with the DAO after everyone got bailed out.David Mondrus, founder of Trive, an entity using the Blockchain to kill fake news with crowdsourcing and crypto, believes it is the end of the monopoly that is Wall Street. He thinks Charlie Lee's fears are unfounded:"A lot of people believe there is an impending disaster. I don't know Charlie's reasons specifically but I lived through the Dot-com crash. We survived that and we'll survive whatever this brings. But post Dot-com crash we got Google and Facebook."Yet he also agrees ICOs are a disaster waiting to happen and it will cause a major crypto crash one day.Murray says:“Too many ICO's have almost no substance to them. Although whitepapers are commonplace, I have yet to see something like a business plan, forecasts, marketing plans etc. The amount of real junk already out there is mind blowing and the number of ICO's will probably increase exponentially. At some stage, people will work out they have been scammed, or they have invested in a 16-year-old kid who has absolutely no idea what he is doing. Some ICO's will become the next Amazon or Google or Apple but most will fail dismally.” The author of the article Frisco d'Anconia Read more http://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&id=9756b1a616&e=140f57b3eb