Just look at the numbers. During 2018, we used to have 200-300 different ICOs going online every week. Currently, this has been reduced to a fraction of that level (< 10 per week). We had some great ICOs in 2017 and the preceding years, such as NEO, Ethereum, Stratis and NXT. But how many such projects we had in the last 12-18 months? I am not very hopeful about a revival of the ICO sector.
Damn was it really 300 a week? I know it was a lot but that's like 40 a day, even I don't think it was that much.
But 10 a week is still a heck lot of shit for ICOs that we all know are useless in general.
The only successful ones these days are by big companies that actually DON'T really need a fundraise, as they're well funded in private rounds.
Yeah, it surely going downhill since then, 2018 with fewer and fewer new projects going for ICO while there is IEO. Just one success ICO doesn't change much the general view about ICO and its state. To be honest, the way of ICO still gives me some bad vibe "We have raised x amount of money over y period of time, big success" Yeah, a lot of shit and scam ICO did that kind of thing back then.