for now it's not good to invest because the crypto market is downtrend. but believe me ICO will return like 2017 which is very popular with many investors
Investors who have been burned in 2017/2018 will never return and won't suggest anyone to invest in ico.
I agreed with you, most of ICO are scams and others are not getting soft cap but little are trusted yet ,so now we can invest in IEO that are launching through good exchanges.
IEO is new name for ICO, the same thing, difference is place where they collect money. Good exchange won't guarantee that investment will be safe and you will make profit.