Most of the serious ICO's (i.e from companies with product, employees, etc.) only take money from accredited investors to avoid falling foul of the SEC. There'

Most of the serious ICO's (i.e from companies with product, employees, etc.) only take money from accredited investors to avoid falling foul of the SEC. There's also established equity crowd-funding sites (like WeFunder) who've failed to take-off because individuals generally aren't very good at picking winners (even most angels don't have great returns).