Hope that they are not, because without ICOs it will be impossible to develop cryto market in the future.
Even without ICOs development of crypto's can still be on going.
ICOs are made to support those projects that doesn't have enough fund to continue their project. A billion dollar company can develop blockchain or their own crypto even without having an ICO. That's the fact that ICOs will come to an end for the upcoming years and bounty as well.