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.
Actually there are still a lot of good ICOs, the bad reputation of the ICO at this time of course because many ICO projects are scam, with the market conditions that seem to improve as now, we must always selectively choose ICO.