ICO's are not completely dead but it's not trusted by some investors due to ico can bring them a good investments,As ico fails after listing in Exchanges and tokens always dump but if you invest in a good ICO like Den coin i can say you can make profits and you will not be disappointed.
There are projects that are still trying to hold their ICO but the success might be hard for them.
Investors already learned their lesson and know the strategies when it comes to ICO.
Most of them are just waiting for these coins to hit in exchanges, and do the trading.
ICO is not dead, but it is now less attractive to investors because there is a lot of fraud at the ICO. however, there are still quality ICOs. I often say this in each thread that also discusses the same thing that choosing a good ICO requires a lot of research.
ICO projects need to strategize their marketing, else, they will encounter failure.
Or they can contact big private investors if they really have very good foundation.
They can sell their platform easily if the concept is rock solid.