The rule that only accredited investors, which means people who are already wealthy, are allowed to participate in certain ICOs is senseless imo. It's like saying "YOU'RE NOT WEALTHY YET, SO YOU'RE NOT ALLOWED TO BE WEALTHY." Stupid society, with obsolete rules, we're living in.
Disclaimer: I'm not a US citizen, and I've not read that law
This rule is one of the stupid rules Ive seen conducting ICOs it only shows that developers who are enforcing this kinds of rules are too greedy I can see some ico like this before and I totally ignore ICOs which has rules like this If some friends asked me if its good to invest I really told them to stay away from it we are in a decentralized world now everybody must have a right to join in ICOs even in a small amount like $10.