ICO is a very risky investment it was clear from the outset. Every month more than 30 new ico do you think that they will all live? Of course 95% of coins after ico will die immediately after listing, but the rest will live and brings a profit to investors.
That's right. But, even though that is the prevailing fact about ICOs; I totally believe that there still good left in it, and thus, venturing in it is not a bad move at all. I think as people who join in the campaigns, it's just part of our duty to actually study and take a look at the background and other supporting information to avoid joining those projects that are doomed to fail and yield no profit at all. Also, I think by checking on the projects' backgrounds you are safeguarding yourself from scams and schemes designed to take advantage of people, which is the main reason why many people have already lost faith in ICOs.