I am not sure that ICO is dead. Because you can see ICO is still good for investing in the sale of Bcnex tokens. They made very good sales and that could mean that ico was not dead and still very good for investment. And now the sales of Bcnex tokens are still running and every day continues to increase.
ico doesn't die, even now there are more and more projects that continue to make ICO sales. but not all good. only a really good project that can later get development funds for the project. they can hold an ICO but the most important thing is the product. even in the IEO who do not have their products will remain in doubt.