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
I also think that the ICO project has ended because the number of ICO scams makes ICO projects difficult to find investors. and the current bear market is making the ICO project worse. some ICO projects that reach softcap and hardcap also cannot last long on the altcoin market. and now cryptocurrency users are also the hype of the IEO project. but in my opinion only the IEO project that joined the large exchange can be successful in the cryptocurrency market.