Yes, I agree with you so I like to invest in coins whose ICO are semi new. In this way you can judge by their actions what they are up to. I invested in Paragon coin, the cannabis based coin. The project is good as cannabis industry will experience boom in coming years. They have progressed well and they are delivering what they have said in their roadmap. I suggest to invest in PRG. Do have a look at them. They launch their updates regularly. I have high hopes from them.