Think about these figures and these are just statistics for the first months of this year. Definitely need to reduce the number of ICO because of the number of distrust is growing every day

In the first quarter of 2018, 412 projects collected $3 331 005 381. Compared to the fourth quarter of 2017, there is an increase of 5%. ICO are taken into account, which have already completed the rounds of collection in 2018
Only half of the projects were able to raise more than $ 100,000.
In summer, sponsorship fell by half, compared to winter and spring. The statistics do not include Telegram (TON), which received $1.7 billion — this is more than half of the funds collected by 412 projects in 3 months. What will happen next nobody knows, but it is something to do