According to https://www.icodata.io/stats/2019 ICOs are not dead. In the last year ICOs raised 8 billion dollars and in this year less than $400K. Number of ICOs has dramatically fallen from 1253 ICOs last year to around hundred ICOs this year. ICOs didn't die, they have been replaced by STO and IEO, which by the way raised around 3 billion dollars this year.