Yeah, you are right that it is good to conduct ICOs in order to raise funds because that will also tell how serious the project is. EOS is one of the most successful ICO project in 2017 after it raised over $4B. With that, the EOS project has scored itself some good reputation.
Wow... that is really great so within 2017 and now the EOS project found its way to top 10 in the coin market cap. That is interesting... I believe it should be a good project to look into and invest. I read they have steem 2.0 coming. It'll be great to get in.