Of course, the ICO projects have not yet died, however, it cannot be said that this activity is working normally. In addition to the general poor state of the cryptocurrency market and the fall in investor activity, the level of fraud in this activity is simply critical. If in January the ICO projects raised $ 160 million, we don’t know yet how much of this huge amount went into the pockets of fraudsters. Probably not less than half.
For the time being, I hope that this activity will begin to be regulated by the states and only this will help restore lost confidence in the ICO as a whole.