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As we all should be. But there's a big difference between "I'm wary", and "EVERYTHING IS A SCAM"...

And thats why I never accused any project of being a scam, I tend to believe devs have the best of intentions, but making a coin in short supply via an ICO to get huge publicity, in my humble opinion isnt ideal when nothing close to an operational product has been delivered.

Individual investor decision IMHO. Everyone has a different risk appetite.

Agreed, Im not trying to say there isnt a place for ICOs, ever, under any circumstances, but I miss the old days of devs delivering something, then it getting adopted.