The results of this research do not surprise me. In recent months the number of ICOs has increased significantly and in 2018 the percentage of failure in ICOs could exceed even 56% of last year. The important and select in my opinion a few high quality projects and diversify
As I believe the number of ICO is not growing, but fading. Moreover the quality of ICOs is rising higher. But I feel the same - still most of ICo is a total scam.