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
You are right, the ICO market is losing its position and investor confidence, which leads to the gradual rejection of crypto projects from collecting fees through the ICO. Well, personally, I dont see this as a big problem, because old tools are being replaced by new better ones. So you should not be upset about avoiding the ICO, you just need to grow old to always be with current trends and keep up with them.