According to a recent research, carried out by Boston College Carroll School of Management, the average ICO investor is still raking in a significant profit. The study shows that average ICO token increased by 179% from the sale price to its opening price once listed on a cryptocurrency exchange. The researchers said: “Our paper show scams, while plentiful in number, are not as important in terms of stolen capital because investors are shrewd enough to spot (and underfund) them.”