Currently Lot of ICOs conducting Sales failed to reach hard cap. Some failed at Soft cap leading to reversing of Funds to investors. ICOs Like Civic , Codex , trivier, decibles, etc. It was also observed that Most projects delayed token distribution and Exchange Listing. SHOULD I say they are scared of been dumped. Some have been conducting Sales for over 6-7 months. generating all sorts of names just to raise Money,Which shows a clear signs that HARDCAP and SOFTCAP was Not archived.
What could possible be the reason behind this Failures ??
In 2018 many projects come out and investors we investing and I believe very few did not meet softcap. However, many scam projects were introduced into the market and investors lose alot of money daily on this and this has affected investors sentiment. If some icos will come up with good intentions then you should expect people to put money into them.