still ICOs are losing popularity because of
1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market
How is it possible that you have forgotten both magic words? Oh I know you must be wondering what I'm talking about, right? Here are the two magic words that make people stop investing money in these ICOs:
1 - FAKE TEAM2 - Plagiarized WhitepaperYou can look at the number of scam cases:
Scam AccusationsAnd it seems people are now taking these magic words more seriously off, and plus they are becoming aware. We cannot deny that 2017 was really a good time for them however, when the market crashed people are now handling their money way more better than before to avoid further loses. And I don't think that ICOs are going to be eradicated, they just improved to IEO, back to what they were again scamming, frauds.