When the beginning of ico appeared, I was very interested in investing and it was true that in the beginning there were many benefits, but as it grew, the quality of ico itself declined due to the large number of projects that failed or ended in scams. at this time I would rather put money on altcoin than in ico or IEO funding because they are both equally high risk
Generally, I'm on your side. It's bad for the market, imho. Any ideas, what could forse us to invest again in ICOs?
The only answer for that is the proper regulation, when ICO was very popular, there's lack of regulation and I think only those ICO who are under the US are regulated and in fact, those scams ICO were called by SEC and some even are punish like the founder of Centra who got into jail and also Mayweather and DJ Khaled were penelized monetarily for promoting the ICO which indeed a successful one.
Unfortunately, these ICO scammers are smart enough, so majority of the ICO are coming outside the US where there's a lack of regulation or not regulation at all, so if we like to see this regulated, that would be good for the market but it will not happen instantly, it will take time for sure.