2017 - the crypto market was dominated by hype. I still remember those times where an announcement of a whitepaper release or a gathering can easily pump the price of a certain coin or token. It was also a time where a single tweet from a crypto influencer (aside from McAfee) can instantly affect the price. ICOs also took notice of this and started hiring them as part of their "advisory board" to increase their token sale.
2018 - the crypto market changed a lot. Investors became smarter. Most of them scrutinize every project like never before. Announcements such as new partnerships no longer affects the price significantly. This was also the time where you rarely see a project with an anonymous team. Towards the end of the year, I noticed ICOs changed their strategy from hype to making sure they have a solid business model and working MVP.
2019 - Except newbies, I expect investors to learn from 2017 and 2018. Depending on regulations, we'll probably see less ICOs and more projects will probably seek funds thru Venture Capital, STOs and even IEOs (Initial Exchange Offerings).
Thoughts?