Since we have an exploding amount of ICO started from mid this year and most of these projects says they will have at least a prototype around end 2018 to 2019. Many of hear ICO projects will delay the release date, but nevertheless many of them should have something by the mid to end 2019.
What will happen to these ICOs that cannot deliver the promise? They will become zombie coin, as we have see the confido cases as I suspect there will be much more project fail down the track. And only a few hat will be among the top 25 coins with working project.
Do you guys think we the investors will be less interested in ICO in the following years as we gradually learn that we might not get our money back if we are stuck with these coins? And the number of the good coins will increases and people have more choices to diversify rather than just put the money in BTC and ETH?
It's true that in time this will happen as some projects can't deliver on their promises or just do not find that they are as popular as they expected they would be. With regard to investors I think ICOs will always be popular as long as investors can profit. In time investors will probably have to be more select with which projects they choose but they will also probably be more knowledgeable and better able to pick good projects. If this is the case we will in turn have less poor projects as they won't raise any money.