ICOs are high risk investments but could also potentially yield high rewards depending on the developers' decision making and integrity. It's truly a waste that some ICO investors decide to stay away due to the risks leaving legitimate projects "fund-less".
btw, I'm anticipating a project called MenloOne that's going to serve as a decentralized ICO markeplace, wherein its devs mentioned that it has developed a system that will help stop fraud. Has anyone heard of this project and can confirm if the team behind it is trustworthy?