Nothing from the crypto world can kill Bitcoin, at least not at this stage. BTC is currently considered more of a store of value or investment, rather than currency and therefore rules the market and altcoins follow.

However, ICOs are another story - a totally different type of investment opportunity. High Risk for High ROI, you can't really loose all your money if you buy Bitcoin, can you? But you won't generate 30-40x returns either in 12-18 months.

Whoever says ICOs are dead is completely wrong. ICOs are here to stay and will become the best vehicle for both investors and developers. Of course, the lack of regulators and the fact that people are driven by GREED and FOMO, putting their money into something without doing any research allowed Scammers to make fortune and harmed the market. The current ICO model is not sustainable and major changes are required from both participants on the ICO market:

1. Developers should focus on bringing value to the world, creating ecosystems and tokens that have real use case.

2. Investors must do a proper research, be aware of the risk and have patience as genuine projects won't deliver in 3-4 months.

If projects like W12 succeed they will be protecting investors to a certain extend. What they do is holding the invested funds and release those on portions when the ICO team meets certain milestones. However, in my opinion each team launching Initial Coin Offering should be transparent and accountable for the market to mature.

I would highly appreciate anybody interested in ICOs to check out our project and give us an objective feedback. You can find the ANN thread here: https://bitcointalk.org/index.php?topic=5048511.msg46766590#msg46766590

Thank you in advance