With huge capital, ICOs have existed for a long time and done many things. But in 2019 with the strong drop in cryptocurrencies, the ICO was greatly affected and it is dying.
I have not seen ICOs doing anything in this market in the past. They get huge amounts of money from investors but they don't develop the project the right way, and until the end the projects become scam and die. That's why so far no investors are interested in ICOs because they already know what the end of those projects will look like.
there are actually a number of successful projects, but indeed the numbers that make it a little invisible and the project was only able to reach 50-100 in rating. and the reason investors leave ICO is because of the many uncontrolled frauds and also projects that only seek profits in the beginning without making any further developments. most of the ICOs are only successful at the beginning after a number of roadmaps have been exceeded, the team will leave the project development
succesful on the begining is better than failed from start to finish , atleast we know that they try thier best to become succesful and thier efforts paid off but if they failed at the middle or on the end then there might be a reason behind that failure . better if we dont judge them too early if we dont know what they been facing behind their business . maybe they have problems on thier real life that they have to prioritize than thier business . we should take them for granted ,