I see a lot of Ico's growing like mushrooms but not much investors. Some of them don't even reach the soft cap. And just keep pushing the deadline. And some others just focus on the private investors. The thing is that a lot of coins don't see the light. Personally I think this is a good thing for the whole ecosystem. There are already more than 2000 coins and just keep adding more and this is not healthy. Some projects just add blockchain but without a real value, just another coin out there like we don't have enough 
That is how it is now, there are way too many icos and way too many of them are scams right now. People are beginning to figure out that most of the icos that are being put into the market right now are scams and they do not want to be any part of it which is why you see that the icos are taking in less and less money with each passing month