I think the answer is yes. Investors got a little tired of ICOs when 95% of their investments turns into ashes. I think next years we need whole new system of funding ICO.
The fact is that among all the ico companies there is a very large accumulation of slag. It is because of this that investors do not want to invest their money, because no one believes in the real possibilities of the end result. It is much more profitable today to buy a finished product, rather than invest in something new.