Seriously? Not only ico us failing but the crypto market. Many ico don't make it because of the market , many because of not good marketing or management, some because nothing good about the project while many are scam
failed because the current market conditions allow more people to just want a quick profit, there is no loyalty at all in the current conditions and traders cannot be blamed because they do not want to take risks.
Many ICOs fail because many similar projects have emerged with almost all the same deadlines, so I assume only 1 of 7 projects with similar objectives will succeed, the rest will fail because they do not meet the softcap / hardcap.