I did many bounties , I saw many ico projects that failed, when I joined the market, I invested in 3 projects and all of them have failed, after that i never invest in ico, I was very scared ico although I saw many good projects to invest but I did not participate.
A lot of projects failed because a lot of investors are having doubts if they will still continue to invest in ICO. If investors are still hesitant to invest in any ICO project, then expect that there will be lots of failed ICO project. We need those brave investors to save ICO projects.