All hope is not lost for ICO projects, its just that investors now prefer IEOs over ICOs but if I have to choose I'd go after any good project no matter what kind of fund raising been used ,how good the project is matters than if its ICO or IEO
now investors still hope that if the ICO can be repaired so I don't think if the ICO will be removed but it is possible if the ICO will be rearranged so that ICO becomes safer and more profitable.