I participated in the cryptassist ICO a few months ago, and I chose this out of the many projects I could have done the ICO, but still no listing.
This is because of the market, but I strongly believe that if the project is good enough, the team should not be scared of listing
Of course, the ICO teams are now doing the right thing that they dont list their new tokens to the exchange. Now it is a direct way to the depreciation of the new token. Tokens fall in price right at times, or even tenfold. Therefore, I am not very indignant that the ICO teams are in no hurry to transfer these tokens to our wallets. Of course, it would be better if they sent the earned tokens to the bounty hunters right away, while freezing them for a certain period in their wallets.