“There needs to be a real product where I can clearly see why a cryptotoken is necessary. I have no interest in projects that are issuing tokens as a simple fundraising mechanism when the action (transaction or otherwise) could be completed via BTC or ETH.”
So what you’re saying is that ICOs are only for blockchain companies? Tell me, how is a cryptotoken different from a stock? Why can’t an ICO be JUST a fundraising mechanism?