As I known, ICO is a kind of risky investment. Similar to the IPO which is the form of invite for capital investment, but when buying IPO, investors can research the information about the company they invested, find out about official finance reports and be protected by law when joining. In contrast, ICO projects are often rather ambiguous and unprotected by government so the risk is so high for investors.
So how to evaluate a potential ICO project, look forward to receiving comments from you

You are right ICO is a very risky Investment so we must be selective in choosing the right ICO and things I do to avoid ICO scam I usually take an ICO project which is managed by a professional bounty manager like
yahoo62278, Sylon, needmoney , and
BlockEye the name of the name is a manager who I often follow the project because of the possibility of his ICO project was a huge success.