The risk of total loss isn't 10%. That's just the risk of total loss due to literal theft. There are many other ways that an ICO could result in total loss to

The risk of total loss isn't 10%. That's just the risk of total loss due to literal theft. There are many other ways that an ICO could result in total loss to you. Just as a back of the napkin estimate, it used to be conventional wisdom that 90% of startups fail. I'd say that's a more reasonable lower bound than 10%.