Is there a way to identify a potential ICO for me to invest in it?
Yes of course, there is a way. To lessen being scam, first you should check the background of the CEO and his other team members. Next you should read their whitepaper and see if the ICO is really worth investing in. Look if their social media and telegram is active too because a good and serious project shows transparency to its investors. If they are doing this thing, it's up to you to decide whether to invest in or not.