Not all the ICOs are scams. Many of them have a good idea or aimed at solving the problems that BTC or ETH have. We need to look thoroughly at the 10% that are left
I think more than 10% because I see there are still many ICO projects that can reach Hardcap, there are still many ico projects when the redemption is opened directly into coinmarketcap. That shows the level of investor confidence that is still there, a sense of optimism from investors