[nl]

lead most of our crypto community to move to Switzerland

ICOs are not crypto. They use a small amount of cryptography in their implementation, but no serious member of the real crypto community is working on any ICO (based on Ethereum anyway. Yes, a proof of stake coin is worth working on).

[twic]

I assume that by 'crypto', kenbaylor means 'cryptocurrency'. It's an unfortunate but common abbreviation.

[CryptoPunk]

Token sales are on track to raise over $2 billion worth of cryptocurrency this year, which is more than early-stage VC funding, and most of that for distributed application (mostly blockchain based) development.

Given crowd funding through token sales is the first major use-case for cryptocurrency, and is funding numerous cryptocurrency projects, I can't see how one could argue that it is not important to the cryptocurrency sector. Also, almost all token sales are on Ethereum.

[QAPereo]

Lets see how much of that money doesn't "vanish" by this time next year.

[nl]

Are any of those real things where the ICO is a critical part of the app? All the ones I've seen are gimmicks.

[uberrr]

What do you mean by "more than early-stage VC funding"?

[CryptoPunk]

Angel and seed VC funding:

http://static2.businessinsider.com/image/598c2fd427fa6b5e174...