A gTLD can take a few years to approve and can cost a couple $million, you just want to pass the risk around while you own the business.
Do you want to say that all ICOs at this forum is fair and not scam?
I think not.
This project is fair.
It is risky, but fair!
I was not commenting on all ICOs, I was commenting on this particular ICO, the guy wants to own a gTLD but people has to pay it without any guarantee of ever seeing anything.
What is he risking?
Plus there are a shit load of gTLDs now, there's not much appeal in yet another one.