From my understanding, ICOs are the new "HOT" shill out there and I honestly haven't really heard of ANYONE making any money on one yet. They get pumped with advertisements on CMC and elsewhere, all sorts of hype starts flying around from everyone trying to shill it. The "developers" of the coin/token release X amount at $X per, and then when everything goes live, it's been down hill.
I'm interested to hear about losses and/or gains that you've experienced in previous ICOs you've invested in...and no, this is not a shilling ground, so please don't just start shooting what you think will be the next big thing, because I won't believe you.