Of course, just do some research to choose the right project. You can look into Black Eye Galaxy, it's a decentralized cross chain NFT token that enables users to buy a solar system and planets. People can earn by staking.
This is very important in Crypto general, but especially with alt coins, ICO, IDO and NFTs.
Make sure to do your own research and only invest what you can lose.
An interesting IDO I am personally looking into is Black Eye Galaxy. Black Eye Galaxy is a decentralized NFT token. Players buy planets, starships and space stations. All as NFTs. Each planet will have it's own resources which can then be mined by staking. After a new planet is discovered it will be sold on the marketplace. The person that originally found it earns 40% of the revenue while another 10% goes to his civilization.
I'm new to the Black Eye Galaxy but i think you guys should check this. BYG is a decentralized cross chain NFT token for virtual world where users can buy planets and solar system, explore galaxy, mine resources and can start their own civilization with each planet, starship, and space station will be an NFT and BYG token is decentralized metaverse (extensible platform) running on the Ethereum, ERC721 and Binance Smart Chain block-chains. You can check it and look out for this Token, also do your own research first