My experience about ICOs is good and bad, 3 times I was trapped in a scam ICO, at first I was invited by my colleague, basically I believe because usually my friends are very picky. But in reality the ICO is a scam. But I don't cover many ICOs which give me an advantage too.
Several ICOs 2 years ago may still look good, but after the market downturn in 2018, I no longer see any ICOs that are truly serious and successful in providing profits to investors. I myself don't really like ICOs, but when I saw IEOs with initial success I got interested in some IEO projects on binance.