Ever since Stellar threw away their legacy (Ripple) code base, I've actually paid attention to what they're up to. I believe they have the best tech for this ICO movement. FTA: "Stellar is an excellent choice for any ICO that does not require Turing-complete smart contracts and can benefit from immediate creation of a secondary market." -> IMO this is 95% of the Ethereum ICO use cases.
Unfortunately, the developer mind share isn't there, and the price of their coin makes it prohibitively hard to raise money. If you want to raise $100M ICO on Ethereum you need .3% of the market cap. With Stellar, you'd need 30%.