The decline in the number of people investing in ICo's are not much again compared to 2017 and early 2018. This made it difficult for many ICo's to raise money and reach hardcap. Moreover, the number of ICo's now are just too much and more and more are coming up. People are scared of investing because genuine ICo's are very few. The decline in the crypto market is also affecting ICo's. With all these factors stated, I would say the future of ICo looks poor truly.