Lately I have been advising projects doing initial coin offerings. My general advice to those thinking of doing an ICO is to ensure that the coin/token plays an essential role in the system you're developing, and makes that system better by its existence.
My advice to ICO investors is to look for projects that put their platform first, and use the ICO to serve the development of their platform. Also, do your research on the project team to ensure they can deliver on what they promise.
In all cases, make sure that a decent percentage of tokens are being sold, that the implied market cap is reasonable for the project, and that you've got good legal advice! Please also note that my participation as an advisor is not necessarily an endorsement to potential investors.
I suffer from chronic fatigue syndrome since a bad viral infection in 2001. To manage symptoms I pace myself to avoid all but moderate, limited exertion.
Please contact me if you think I could help you with something, keeping in mind that my response time and potential participation will be limited by my health issues. Thanks!