I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
You have said it all and there is no two ways about it. This is just the truth and nothing more. I don't think I have seen any project with hype that either delivered what was promised, list on good exchange or offer a good ROI. All are just a quicker way to what the want. It is high time we start looking beyond hype and start focusing on what the team is offering and whether they are capable of fulfilling their promises.