Of course, this is still feasible, but you have to look for and do research before investing in the ICO.
Have you ever heard of fraud in the IEO project? I think everything is still feasible when the project has a whitepaper, road map, and a real team. From some of the projects that I have seen, there are many ICO that we cannot see because of limited information in the crypto forum, but they do it in telegram channels and other social media and suddenly coins or tokens are listed on the crypto market, they will make personal sales again with some bonuses to get more funds for the projects they developed