Forget about icos, scammers abused the the ico model so thoroughly that no one in his right mind is going to invest in a coin that follows that model anymore, the community was noble and they were willing to invest money in those projects in order to speed up the development of this market.

However scammers took advantage of their good will and stole a great deal of all the money ever invested in icos, the community learned their lesson and as such the skepticism surrounding icos is incredibly high.