News headline says "76% of This Years ICOs Are Already Under Water" and most of these are ICOs launched at the first quarter of this year. If youre going to invest in an ICO, then, the message is clear: be selective, choose blockchain projects over anything else and make sure you get into the pre-sale. Otherwise, youll be wasting your time and your ethereum.
This year it is difficult to conduct an ICO, people have become more careful with investing, this is probably due to financial difficulties around the world. To gain sufficient amount of funds is getting harder, but ICO still spend, but less.