I have not get good luck in investing into icos and the few one that I have invested is not doing very well in the market. Icos investments is very risky and many investors have lose significant amounts of money. I don't think we can really succeed the ways people and investors are losing money through icos scam projects.
Virutal product makes really no sense to fund about. Like online technology or software development. They just put the fund to the developers and creators of the app. But what makes sense is a real technology which can be used by many.