I don' t think this can happen , because i believe in the ico , i can tell you that it's the biggest profit source for investors , when the more the ico are growing , the more it's going to be the best , and the more likely we can find.
I can not agree with you. I think that very soon ordinary investors will not be in time to invest because mostly it will do the venture funds in case the project is worthy. And ordinary investors will have no choice but to invest into scam projects. That may case that it will be less and less trust to ICO, so to my mind the ICO will live not more than a year.