Today,ICO has been found as the easiest way to rise huge investments needed to develop a project.It seems very easy to do rather than trying any traditional methods.Lots of companies are nowadays indulged in launching ICOs.But on the other side,it has become a huge problem since there are lots of scam ICOs nowadays.That's why,china and south korea have almost banned ICOs.
Nowadays,well established financial service companies have also started to launch ICOs.Instead of joining new ICOs,you could join such reputed companies ICOs.In simple words,just check the reputation of the company or the project developers before joining.
I totally agree about checking the reputation of the project and its members, however, I am not sure whether financial services companies have the right background or knowledge or even competence to create a long term "revolution" in the space where they are doing ICOs, I fear it is more driven by the greed of extracting funds and fear of missing out.
Much better to look at something like the energy sector where deregulation will take place and the right team with the right set up and the right connections to the existing energy infrastructure and utilities, can revolutionise the space.
Have a look at Prosume.