This is not surprising, the majority of ico is a fraud. I think you need to sprea


https://finance.yahoo.com/news/introducing-electroneum-first-british-cryptocurrency-091551966.html


Its not a scam as you can see. I found out it actually got marketing guys with clients like Uber, Avom, Spotify. The ICO in 3 days. I would start doing my due dillegence if I were you.

https://bitcointalk.org/index.php?topic=2065043.0

Electroneum.com