If you really like gambling, go to a casino: the odds are stacked against you, but at least it's government regulated.
a. Odds against you, govt regulated.
b. Uncertain odds (dependent on choices made, changing over time, etc.), unregulated.
Under (a), you're guaranteed to lose eventually. Under (b), you could potentially become good at reading sentiment around the newest types of coins. It's certainly still gambling, though.
What is more popular is ERC20 crowdsale tokens, which are even less useful.
And now the "forkcoins" - Bitcoin Cash, Bitcoin 2x. We will see what is next.
MicroMoney (AMM) and Licensium (LCX) launch tomorrow.
"click here to add your coin"
Not sure I'd recommend investing...
What I'm seeing now is even good companies that trade below ICO prices after they hit some of the exchanges. Example is https://www.saltlending.com/
Actually that is probably a better strategy: buying good companies that are down since their ICO.
The idea is to be your trusted source for ICO reviews. Using a 6 point scoring system, with one review each day, we'll cut through the noise with you.
http://www.dictionary.com/browse/mercenary https://www.merriam-webster.com/dictionary/mercenary
"one that serves merely for wages; especially :a soldier hired into foreign service"
:)