ICOs are getting mature with their operations,most of them are handling it properly like an ordinary startup with legal consults.
Promising or not, ICOs is still a good way to get funded. I would consider ICOs as well if I really want my idea on board.
I think I buy your own opinion about ICOs, the best way to raise funds for startups these days is through ICOs. What we praying for is that the projects they are trying to execute should be more meaningful to the society and be successful.