Sadly, there is too much Scam and Crap in this market... Usually I like to check with ICO Bench when there is an ICO out, but even so, the risk of steping in a crappy ico is high.
Yes thats why the individual investors should check it twice to make sure that an Ico is a legit or not then they should follow up it with some legit informative people or organization whos reviewing an ico before anything else.