The first sentence is interesting as it's true that with ICOs, anyone can basically get in on an early stage of a potentially great project with ease.
There still are often pre-sales for larger investors, but in comparison to the real world, this type of 'crowdfunding' which funds the majority of a project, is great.
About the values,
my thread here contains some information about analysing ICOs, and if you have any input on that please add it as there are too many scams and the like around.