Are blockchains cool? OH FUCK YES!
Is people raising a lot of cash from suckers in a bubble-y market that threatens to rebound on all of us cool? Some might opine that this is slightly less than maximally cool.
The tech is cool, and the new funding model is also fascinating. Never before has it been possible for everyone to participate in the early funding of startups.
Sure, most will fail, but that's not different from the old model. The biggest difference is that it's not based on cronyism anymore.
With an ICO, you don't get any equity - you only get to use a service, maybe, in the future. Most ICOs are therefore only a speculation.
> The incentive for holding OMGs, is to take part in the network validation process. We also see a long term value/appreciation in the OMG price as more and more transactions take place on the network.
So you can stake your tokens for a cut of the transaction fees (much like miners do).
Have you considered the possibility that there may potentially be good reasons for investor accreditation systems? That the reasons for such systems might not be solely to keep the highly profitable world of venture capital the exclusive preserve of the super-rich?