Although the interest in the ICOs is waning, the reasons to participate in token sales remain the same. In an ICO, also known as a crowdsale, investors acquire tokens that may offer them various benefits. They expect the project they are investing in to become successful and the value of its token to increase. so, is it worth it? To my perspective it still is, until it has value of sorts and benefits, as long as the benefits overweighs the risk, yes it's worth it. For instance, ICOs like Bitrus (BTRS), FILES.FM(FFM) and Windhan, are all worth the investment. Still, it's your decision that matters... so goodluck.
I also think so, ICO is still worth investing these days. Some might think that it's not because of various scam project and fraud developer team. Now, I'm looking for a legit and has a potential project and your suggested ICO might help.