Blockchain is just a distributed public ledger. That's it. There are very few applications that have properties that can be mapped into a distributed public ledger.
That's the problem. The investors for ICOs are backing on blockchain as if it's some amazing new innovation that's "going to change the world".
It's just an incentive and control plane for other stuff. You still need the other stuff.
Yes, and I'm asking for legitimate "other stuff" that applicable for an ICO and/or blockchain. Been waiting for a while on this one.