ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of
1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market
It is not just the only issue, the early days of ICO was a very promising people has their confident of it, and of course many ICO players and developers has a credibly but as the years goes by, many ICO where born and most of it collecting the investors money and then they've begin an old school type of scam (drama) they begin to dramatize the situation, refund etc etc. So today most of the people here, do not trust in ICO projects.