[repomies691]

> If you want to enforce the same properties that the Ethereum network can, but you don't want to use anything associated with the Ethereum network, then you need to write something similar. And it turns out this takes work.

I fail to see the reasoning behind why it takes work, or considerably more work to just write a new cryptocurrency from scratch. Basically you can just fork bitcoin or any existing cryptocurrency code, and do the changes you want to do.

In fact, as far as I understand, many organisations are for example taking ethereum code, and then just running private version of it, with their own token & mining.

The actual reason to run your ICO on ethereum network is that you get the easy money from the ethereum investors, who have gotten ridiculous gains from the ether price appreciation and are spending it accordingly. At some point the stupid money will run out.