In the last 2 years ICO has gone upto peak level with many projects.
Now ICO market is completely gone because of 90% projects fallen into scam category.
Many startups made huge money and in return they pay nothing.
So whats new these days as a trusted token offering model?
The earliest ICOs, such as Ethereum was priced competitively and they only went for the listing after the initial phases of development was completed. This was the case until mid-2017. However, the bull run in 2017 made a lot of people rich and it encouraged a lot of the users to invest in unviable projects. As a result we had overpriced ICOs, where not even the preliminary phase of development was complete. A lot of investment flowed in to these projects and the end result was quite predictable, in my opinion.