Yes! projects appear every day. And I am sure that 90 percent of them is a Frank SCAM!
Another 8 percent is a disguised SCAM. The project has some idea, a small team, a website, etc. Another 8 percent is a disguised SCAM. The project has some idea, a small team, a website, etc.  The price of tokens will fall immediately after the ICO.
that leaves 2 percent of the projects... Only 2 percent!! These projects must first be selected. And then try to invest in them..