There are reasons to write off the entire concept, though. Tokens are a stupid idea - universality is the whole point of currency. And it's pretty obvious that everybody who is promoting an ICO is doing it cause it's easy money (compared to more traditional means of raising capital), even if they are actually planning to build the product that they say they are.
As a general rule of thumb, any Ethereum contract that doesn't use an oracle is probably stupid.
As a general rule of thumb, any Ethereum contract that doesn't use an oracle is probably stupid.