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
the main reason of why it stop because of a lot of scam project in the past
many people lose a lot of money and they learn that investing on it is not worth to risk anymore.
even in bounties after the team get the money the team always dissapear or the coin price drop a large amount.