I am confident that the ICO industry will continue to thrive in 2018. But at the beginning of the year we saw a decline in interest in ICO due to the fall of bitcoin. I hope that the market will recover soon.
It's funny, but with a general decrease in interest due to the fall of bitcoin, the total amount of collected funds at the beginning of this year turned out to be a record. After the market recovery, the amount of collected funds will grow several times.
Everything depends on the performance of bitcoin, if we will see bitcoin rise again then ICO will also be more successful.
The investors are quite hesitant to put their money if the market is not doing well, they are smarter than before and that is the reality.