1. ICOs are not Exclusive
First thing you must know about ICOs is that they are not exclusive to any particular company, team, investor group or audience. Anyone and everyone can use the ICO method for raising funds for their new company, project or product. The only prerequisite to conducting an ICO sale is that you must have a team who knows how to create and launch a token.
Yes it is true, anyone can do that if they have people who know how to make and launch tokens. Therefore I am of the opinion that cryptocurrency is a free market where anyone can participate or make something according to what they can do. And in ICO we have to be more careful in choosing projects and at least we need to know some ways to differentiate which are projects that can be turned into scams and which have potential.