I agree with you, it is very difficult now to see that the ICO can achieve hardcap even to achieve softcap is very difficult (although there are some ICOs that can achieve hardcap), even many ICOs fail at the time of sale because there are small buyers, unlike in the year 2017 ICO is very easy to succeed because there are many investors who invest, but in my opinion investors do not want to invest not because they are afraid that the ICO is a scam but the possibility of an new ICO project is the same as the existing ICO project and there are no advantages of the current ICO project with the former, so investors interest to invest less because they fear the project will not be able to survive and the price cannot increase.