ICO Funding was the HOT thing back in 2017 but kinda fell off the cliff throughout 2018. This article showcases a few of the reasons why: https://cryptocoin.news/cryptocurrency/ico-funding-exploded-in-2018-but-fell-off-a-cliff-in-july-heres-why-19149/

Can you come up with more reasons why? Obvious ones are scams, the market fell and, perhaps, people just lost interest?

We see too many ICO projects and more scams I think that is the main reason