I think the simple steps to find a good ICO and Bounty campaigns are:
1. Inspect the project fully. You may have to spend long hours for this for reading their whitepaper fully and carefully.
2. Make sure that the whitepaper is complete in all respects. It should not be vague and should not miss out any important information.
3. Do some research about the team and make sure it is not a scam.
4. Then the idea of the project should be something new and interesting and not the same stupid ideas just written in different words.