Yes, for someone whose prior has been: “The price will crater and most people will lose interest”, I think that the thousands of hours of developer time and institutional interest is probably starting to pay of in terms of more mature markets.
I still have problems with the idea that people are able to pick the correct winners. When the blockchain finally gets its killer mainstream app, why not do a new ICO on a restarted blockchain instead of a billion dollar wealth transfer to early adopters?