I don't know why people aren't considering ICO a good idea.
There few projects you need to check out before saying anything about ICOs, analyze before you judge.When you are looking for a project you need to know what you're looking for, but in my opinion the strongest factors for a project are their investors,their strategy/target,thier team,what they have yo offer etc, but as the market is down the factor that will make the difference is "the investors".
If you are in this world for quite some time, you will see ICOs/pre-ICOs that are going to make a difference,that will have success on the market.You've got a good point there about the impotant factors for a project.Im really glad to say I have found a pretty interesting project that is developing towards the gaming area.Combining crypto with games is pretty smart I must say, that's "Ludos" (a blockchain infrastructure project).
Check them out, thier stratagey, and what they are actually targeting. (
http://ludos.one)