It is true, we cannot claim that all ICOs are bad and not profitable because of the current situation leads to low prices on ICO coins once listed on exchanges. The bearish market causes many bad impacts to crytpocurrency, including to ICO's condition. When the bearish market ended, I think the assets on ICOs will have a value. In addition, we should think that investing on ICOs is for long term, so don't expect to get profits shortly. The projects and their products need a time to improve and develop.