For me, it's still undecided because some blockchain startups were clearly over-valued. Things were going very fast. Legal and regulatory frameworks were unclear if not totally lacking in most countries. Of course, a lack of oversight leads to rampant abuse, but the current situation is a reality check that only means one thing Keep calm and focus on a market need. Create a product that people will use and dont speculate. A lot of ICOs are still good and innovative when it comes to the visions and products, these are ICOs like, Poseidon, ICOBOX and Bitrus.
2017 really made a hyped market and for most developer that is a great opportunity to continue offering coins in the market although the product wasn't that good enough to compete with others. Hey, I already invested on Poseidon ICO, I might check ICOBOX and Bitrus later. What do you think ?