Well, ICO now is not that profiting since as I have observe as somehow I am also lurking and joining some ICO projects in their telegram channel. It seems that many investors and even bounty hunters that are vocal in their channel asking about rewards and listing in an exchange. They got mad all the time knowing that a coin or token price after listing drop its market price to almost half of its ICO price.
Not just half most of them goes down 70-90% just a week after listing,so the hunters will take almost no profit since they will be rewarded 2-6 months after listing lol.though some had already given them the the reward but being freezes to sell in exchange
That’s how hard to trust ICO now,and we cannot blame investors for not entertaining projects nowadays and preventing to be a victim again