So I believe the best efforts could be made by working towards fixing this in the future. We need clear accurate comparable research on each coin opportunity. The questions would be like what you might fill out on a loan application at a bank, or in a business plan. Most of these projects take off with just a white paper, having a business degree, one of the major values in the business plan is not in making a pretty looking document. It is in answering all the hard questions. How are you going to differentiate yourself? If an ICO wants to raise millions of dollars, they should have a well thought out, and vetted business plan. This would include due diligence and some legal advice.
Yes, there is much we can do as long as we don't wind up creating a new Self Governing Body with too much power and too little compassion.
Ideally, we will create multiple decentralized authorities. This way no one will have the final say, but all will have enough reputation on the line to ask hard questions.