The many ICO in the crypto space these days will leave one wondering if and ever the already existing coins will thrive. There should be a body to monitor and see to these many ICOs. I have promoted some but I have come to understand most are not worth it. 
There is a project I know well, no ICO yet its one of my best. Veil project has proven that ICO is not really the main avenue to secure funds for a project that has good potentials to thrive in the crypto world.