I don't think that the Chinese ban will affect ICOs in any way. ICOs will still continue with or without China. Do you reckon what happened with the SEC ICO regulation for US investor, at first we all thought that the US ban was going to affect ICOs in general but nothing happened. This will happen with China too, the world is too big and can do better without the influence China or any other country. ICOs will not vanished because one country decided to ban them. ICOs are a good way for upcoming projects to raise funds so that they can develop their project. However, there are a lot of scams, and if this issue persists, I see a lot of countries banning ICOs in the near future.