There is no doubt that something changed in the cryptomarket, and the ICO aren't a source of quick profits anymore. Last year, whoever invested in ICO even not of the best quality, would see hundreds of percent of profits in a couple of months.
This is true, for those investors who are looking for a rich-quick scheme can't ride the hype with ICO's anymore. Last year was the golden age of it but this year it looks like it will be the near death of it.
I guess I was too late to the party, like always.