This is really a great move but I must correct something, nobody said ICO is dead all matters is transparency and publicity. Once investors sees your genuineness and feels it's great to invest they will definitely invest. There are still projects making it through ICO but it's very few. Hopefully this will bring back ICO
There are very few successful ICO projects during this time and will often be ignored by investors if using this method. However, if you add Defi to the project, it will certainly be different because this is the best investment trend this year and there have been a lot of very high coins. You should also be careful because there will certainly be a lot of scam projects and will still lose money if not studied carefully.