Not all ICOs are dead, if you are capable to investigate projects and detect great potential, you will be able to earn great profit even on the falling market. Try to take part in IEOs, they are representing a great trend at the moment.
ICO are so unreliable that there is even no desire to mess with them, it is better to invest in any top coin and get a stable profit than to risk much for the sake of ghostly big money
Times change and ICO brings little money, because there are very few good projects there, you need to look for another place, now popular IEO