Hello Forum Mate,
Nowadays most of icos are fraudulent project. They (fraudsters or scammers) just want to get rich quickly.
They don't have a real project. Just made a token , then sell these nonsense.
Ironically, many investors seem very pleasured to support these fraud project, just because their asset can grow from 1 ETH to 5-10 ETH. They (investors) are very happy and proud. That's a fact.
Do not invest on those frauds, Guys.
If you really wanna be an ico investor, only invest in crypto-projects related to the real sector.