A very good initiative has been come from one of the forum member named ICOethics who have busted hundreds of scam ICO within last year. I think some members like him can bring the previous scenery here and make the forum clean and scam free.
Also, you should take a look here, I like their approach and it's called Daicore. They say investor can withdraw from underperforming projects or scams and apparently they should go live soon as I see some ICOs listed on their website.