I feel submission is not true as it is not backed up with detailed facts and figure, Yes we have lots of scam ICO, BUT I feel the 99% stated is enough to discourage investors into the cryptocurrency space and also have a negative impact on real ICO project.
Thanks, buddy! Actually, this figure is a marketing step just to show people that investments in shitty projects are really dangerous and we should learn how to distinguish such project from the good ones. But I understood your points. And really I have seen a lot of ICOs in 2018 and at least was tracking around 40 and around 35 of them were scammed!)