I don' think so. Regulation would be kept improving for the ICO community and would hopefully protect investors from scams.
I think ICO is not going to die anymore. And I think it will last long. There are many who are joining and working here in ICO. ICO is an inetial coin offering where you can find the campaign you want. That's because they get a free token on the hard posting. And many more want to join it and find a trusted bounty campaign to help our lives. For me ICO will never die until the end.