ICO may not probably die but since scammers got detected I think people will become careful now in investing for an ICO and surely only few will make it in the market. I think those scammers will not make it by 2018 because investors now are getting more critics in choosing their ICO also with the current situation of most ICO they will need a good and credible promotions to attracts people and investors
ICO concept is not likely to die because it gives people incentive things and people think that they can earn much money by participating token sale event. This behaviour will never end for the people and ICOs will maintain forever.