The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.
But finding that something wrong wont really be that easy.ICO's nowadays would really be like a haystack and finding a needle out of that stack would be similar on finding a legit and a good project.
Due to scams and frauds it do definitely give lose interest and trust on making any investment.If this would continue I don't even see a reason for ICO trend to last long.Sooner or later we would see an another situation.