ICO will never die, that’s the best way to introduce project to the world although as Facebook, Google and some other big fishes of internet banned the advertisement for Crypto Currencies this doesn’t means ICO will die but, of course the manner of doing ICO’s will be altered.
Comparing to the beginning of this year, fundraising using ICOs decreased by 5 times. The reason for this is the presence of scammers, hacks, and mistrust of crypto. Moreover, ICOs may disappear completely because of these. Blockchain and other technologies have to be reliable and ICOs are without scammers.
Scammers are really annoying because it can make investors hesitate to invest in crypto. Currently there are many ICOs who cheat and make sense if investors are reduced. coupled with poor market conditions make ICOs more difficult to develop. but even though like that I think ICO will not disappear because crypto is developing with ICO.