I totally agree to the points you listed and the fact that people should invest only what they are ready to loose.

That one aspect of ICO projects which can be good or bad depending of the side you look at it. On one hand, we can see great projects at their development states and anyone can be part of it quite easily and on the other end, it could all vanish instantely.

Is there any token based project running at the moment or only speculation with the tokens?