There are scam and there a legit as well. You need to study well on the ICO first before making an invest etc. Check the team behind the project. If you're looking for a scam free ICO, you better look for DCC or Distributed Credit Chain. The DCC public chain is an open chain available to the public. Anyone can join the DCC. Public chain as the billing node. A decentralized identity management platform would reduce the stress on the current centralized approach to storing customer information. By storing data in blocks and using a tamper proof hash format, banks can improve the security of the stored identity, improve portability of data and reduce the time taken for KYC efforts. Despite the heightened activity over the past year or so, it is still very early days for blockchain. Banks’ blockchain initiatives are at various stages of internal trials. Changes incurred by blockchain, such as storing data in multiple locations rather than one central location, represent a radical shift in the way banks operate. Want to know more about DCC? Please visit http://www.dcc.finance/ or follow them on twitter https://twitter.com/dccofficial2018?lang=en