I do agree to ethereum founder, the ICO just waste your money and dry of your pocket. Don't be lazy to invest on altcoin on market, they more promising than ICO that give you desperation. I think you all clever to choose which one is good. Don't be trapped on ICO ilusion.
There is nothing to deny about the fact that there are certain projects which are reported as scams but I dont think so that such projects are scam themselves. In fact, the ones who are there are the ones who are busy in scamming and that they are using different kind of the techniques to grab the money from others by making them fool as this then helps them in having more money.