I think we are still able to find good ICO projects, we must do so much research enough for it. Unfortunately, good projects are badly affected by scam projects.
Yeah you are right scammers are everywhere in the world and they want to collect money in illegal means and for that they announce scam project and loot innocent investors. No doubt there are still many good and authentic projects in which we can invest our money without fear of losing but for that we will have to check the credibility of project manager.
although today many fake ico appear in market, there are still many good projects too.but now being difficult to find it.and we need to be patience and make some research