Yes and you should be. Far too many shitcoins out there. Look at the whitepaper, check the advisors and roadmap. What are aiming to solve / achieve, is it sustainable. Will the coin value be able to grow?
Or is it just a get-rich quick scheme. use your noggin!
Far too many ICOs are based on great sounding but highly impractical ideas. That is a bad plan. Everyone wants to be the next bitcoin - the coin all blockchainers in the world will need. Those ICOs simply can't work. Focus on a fixable problem and get 2 million adopters and you will have a strong coin.
There are only 14 million bitcoin wallets and only 1.2 million ethereum wallets:
https://hankyulpark.wordpress.com/2017/03/24/how-many-people-in-the-world-own-bitcoin-or-ethereum/We need to expand the user count.
Everyone keeps going after the same 14 million people users. The key is to find ICOs that go after new markets and increase adoption of crypto usage.
How can it be achieved? How to show all the advantages of using cryptocurrency?
Paying via btc in the stores, for tickets in bus, train, etc might be a great jump in this direction.. That's why I like ideas of ICOs whose idea resolves this problem. Like Dash
https://www.youtube.com/watch?v=VlWoVeKWXbA or reOrder (ICO not launched yet
https://ico.reorder.world/ ). Their main target is to increase the btc and other cryptocurrencie users amount. Through reOrder tablet people can even easily open crypto wallet and get discount.