I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.
I understand what you're saying, and agree with what you share, it' s the good side of it, and there' s a very small number of ICO projects that are deceptive, for example, a fake team, a copy of the project' s copy, and it' s all on paper.
That' s my opinion, thank you.