Very nice and informative post. I will agree with @rhyscn that the institutions will ultimately control the market. In my view , the difference in the crypto market compared to other investment types or markets is the initial point and timing of entry, meaning that the retail investors were on the same level (until now at least) when it comes to information and first move advantage . I would not be surprised however if in 5 years time the promising ICO's will be completely private and the retail investors have the change to buy the coins after they are launched on exchanges. Up until now the field was relatively even mostly because of the lack of interest in this particular market .