Why are some ICO projects designed to cover markets in only one continent?

[Funmmi2]

The Blockchain technology is decentralized yet,we are seeing ICO projects localized to just one continent, recently I came across ICO campaigns with solid project, working MVPs,experienced team,but I cannot participate,as it does not capture my country. Please share why we are seeing these new development in the cryptospace and the way forward.

[Futurm]

Because some projects are going to use blockchain technology to solve problems in a region.
So if all the blockchain projects were to solve the world's problems, the funds that might be raised would not be enough.

[Yokonaumiyaki000]

Probably because the project is based on that selected location's crisis or problem. The sole purpose of the project is because of those problems limites to that certain place.