47% of ICOs from 2017 have failed so are investors getting smarter?

[phillymogul]

“Nearly Half of 2017’s Cryptocurrency ‘ICO’ Projects Have Already Died“ says Fortune. 
And Bitcoin.com found another 113 projects that it calls “semi-failed,”
because their teams have gone off the radar or their community has withered away.

see the "7 Deadly ICO Sins That Will Scare Away Your Investors"
http://www.normbondmarkets.com/bitcoin/7-deadly-ico-sins-that-will-scare-away-your-investors/

Thoughts?

[Pan Troglodytes]

I was honestly expecting that the large majority of ICOs fail and actually I am surprised that the number is so low. They were either flawed or downright scam attempts or both. If they were honest, they were riding the wave of a fashionable trend instead of having a well thought and rational basis and real useful service and business case behind them. So only a tiny fraction was destined to be successful.

If anything, I am expecting more of them to fail.

I am only surprised they don't pull Ethereum by its ankles to drown down with them.