How about Perucoin?
It has "scam" written all over it IMO. Just look at the shoddy design of the OP

This ICO is supposed to raise $5M to $13M funds to buy a factory and a mining farm of 1000 to 2000 ASICS to show Peruvians how crypto mining works... but you know what? These are the same people who run https://bits2u.com/ a cloud mining service! seriously? a cloud mining company in need to buy 2000 ASICS to put them in public exposition? Aren't they supposed to own those machines already?

Also, they are promising up to 200% yearly profit at bits2u, what a joke.
More hilarious stuff: apparently they used to have a FAQ with the following question. "where do you get your profit from?" and the answer was 50% BTC mining, 30% PTC... and 20% HYIP. Can you believe it?

Their Perucoin token sale ends mid August, and I'll be surprised if they don't run with both Perucoin and bits2u's funds by then.

Am I missing something obvious here? Or perhaps most ICOs are scams and this is not news to anyone? To be honest I'm out of the ICO loop