Some legit ICOs are most definitely still around, although scams probably outnumber them nowadays.. It's easy to say "do proper research" but it's not easy at all especially for neophyte investors. Luckily, we have websites like ICObench helping us out in selecting good projects. Soon, we will have an ICO marketplace called Menlo.one which not only provides ICO reviews and discussions, but also the ability to actually buy tokens and manage our portfolio.

Watch Matthew Nolan of Menlo One presenting at CoinAgenda Sinapore 2018 on how Menlo One will accelerate the future of the token economy. https://www.youtube.com/watch?v=V6Ycg_9Q9w4&t=630s