The image of ICOs has already been stained and already quite difficult to convince investors to invest specially those whove experienced failures in ICOs but still, we cant deny that there are still reputable and trustworthy projects that conduct ICOs. I still do trust some ICOs but in very rare projects. It depends on my analysis and what my intuition is telling me.
it's hard to believe if something bad has happened, and to come back again takes time and it's not easy to trust easily.
maybe not all ICO projects are bad but bad projects and many scams have left many ICOs, negative news continues to spread.
it makes many people no longer believe so they don't invest there anymore.