What is the average return on ICO?

As a keen observer of the cryptocurrency landscape, I'm often intrigued by the potential of Initial Coin Offerings (ICOs). However, the question that often arises is: What is the average return on investment (ROI) for ICOs? While some ICOs have delivered exceptional returns, others have failed to meet expectations. The volatility of the crypto market and the novelty of ICOs make it difficult to provide a definitive answer. But, could you elaborate on the general trends and factors that influence the average ROI of ICOs? Understanding these dynamics is crucial for investors seeking to capitalize on the opportunities within this exciting segment of the market.