It seems, like recent updates in UK regulation policies
UK watchdog says license needed to trade cryptocurrencies was really a great news for good ICOs from reputable founders, it would give more value to such ICOs which plans to work further with government regulators to avoid lots of future scams and consider them as real investments.
That's why it seems to me what some recent UK ICOs, designed according to UK legislation seems worth investing - like LCCX which already works with UK Financial Conduct Authority (FCA), located in London -
Forget The London Stock Exchange, Say Hello To The London Cryptocurrency Exchange (LCCX)! Their another idea of keeping client fund in offline mode using cold storage vaults for 60% - 75% percent is also really viable. It is a very wise approach to crypto - to be 100% legal these days.