I am observing since last six months...each and every ico is failing drastically...even the most succesful ones which got funded within the time limit...when enters the exchange their price is dropping by more than times....investing in ico these days meaning throwing away your money
A lot of ICOs have been struggling due to the bearish market, and also struggling in comparison to the insane ICO fever of 2017, when it seemed like any project that mentioned the word 'cryptocurrency' could raise millions of dollars in a couple of minutes.
The new projects we see now are not worse than those last year, it's just that the economic climate isn't as favourable. There are plenty of good new projects around.