Are there still ICO's? The crypto community doesn't trust the ICO industry anymore, especially with how it damaged the market 3 or 4 years ago.  I haven't heard about the project that you mentioned but its quite interesting. Blockchain is indeed the future and many big industries are not yet looking at it as a "solution" to their issue.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. An example too is Concordium which has not done an ICO, the technology is real, and the business development is massive, with companies like Nestle, Volve, and Geely lined up.