Nowadays thousands of ICO companies come into the world and die!
the market is flooded and the competition has become very large, even for projects already established are facing a big competition, all fans of some project want that same project is in position 10 in the coinmarketcap
The problem is that big part of those ICOs are means of just getting money and nothing else.
I agree, still a few days ago hear john mcafee commenting on this
It causes lack of trust and people are afraid of investing their money in ICOs.
unfortunately this was not enough to create fear in people since I see many ICOs are raising a lot of money
But there are many very interesting ICOs with high potential and ready product, which suffer from widespread opinion that majority of ICOs are scammers.
I am going to blame the creators of the ICOs, as it is unjustifiable that someone wants to create a business or some innovation and that person creates an ICO, but that person do not present the names of the people who are part of the project team and does not mention relevant data as where exactly in real life the project will be implemented.