I think there needs to be some protection against scams, on the other hand, there are ways to figure out if an ico is real. Before investing, check the team, check the github and the development activity, look at the backgrounds. Join telegram, and figure out if you understand the concept and whitepaper.

If you struggle with understanding the technical terms like most new investors, write a benchmark!
This works for ico’s but also on existing crypto assets. Check out my new website: Https://cryptoowls.com and help me create a more transparent cypto space, it is based on steemit!

Hopefully you find it relevant, interesting!