ICOs are long abandoned and only high rated promising new projects still use ICO, like 2% out of 100% new projects still use ICO to raise money, investors don't trust ICO till date but can invest if the project is a big one only
Now most of the current ICO projects are scams and if you choose this investment form to raise money, the failure rate will be very high. People have been more interested in the Defi projects lately and by comparison, it has a lot in common. I am very careful when deciding to invest in new projects because if there is nothing outstanding, I will definitely ignore it and never trust it 100%.