All are dead and no more new coins and which ever have started now they have to dilute their funds or else they are going to face a law problems.
Stop with the FUD man! There are no apparent conclusions that the coins will be dead or the ban is going to wipe out the entire crypto-scene.Chinese government is just paranoid with the missiles flying from the North Koera and hence panic banning their un-taxed businesses.Jokes only!Worst case scenario, the company will be "sold" off-shore (outside China). 
Yes and the team will move to another country to operate the project from off-shores,well only on the papers.They all know how to do cloud computing. Agreed with you, China has taken few preventive measures due to some undisclosed reasons. As per me, China may lift all the restrictions regarding cryptocurrencies after the re-selection of president Xi Jinping in the upcoming meeting of the congress.
Why is the name of Xi Jinping dragged into the current discussion? The ban has always been believed to be temporary. There will not be such permanent law because the world is actually turning on the side of crypto. ICO is one instrument normally used by crypto in promoting a certain project.