Last two years ICO and IEO have been scam with lower price and make many investor not interested with ICO and IEO again, when bitcoin back with higher price and altcoin have been potential with higher price maybe all investor back again with ICO and IEO because have higher price after listing on exchange.
however, until now there are still quite a lot of ICOs and IEOs being developed, so I feel that the developers don't give up on this. but, I think the current lack of investor interest is felt by developers because there are so many IEOs, and ICOs that are not what they want. well, so I feel that at this time not so many investors are looking at IEO and ICO. most of them focus on bitcoin and top altcoin.