With this Defi hype, yes, I believe ICO's comeback is possible. People started investing in projects once again, and almost every Defi project is raising money from the ICO sale, not IEO! Oikos Defi was sold more than 50% through ICO; even they raised 2 Million USD from the presale! Recent DIA Defi managed enough investors for their private sale and bonding sale! People left ICO because scammers ruined that, but when good startups are coming with unique technology, people do not fear to invest in those ICO sales!
Agreed! We should not stop counting on the ICO model just because some scammers used to ICOs*, and use it for the personal financial gain.
* ICOs plan and program became 'the same for every project'. As a template. List of documentation, airdrop, bounty, 2-3 ICO raising stages, and that's it. Without putting effort into security, technology innovations and product. Scammers oversaw it, and used to this 'roadmap' and many ICO pages built on the Wordpress instead of custom coded web-page (security)...and used the situation. It can happen and will happen all the time. But this should be only the motivation for projects - how to overcome scamming situation and offer even better ICO mode and roadmap to the community.