For the second year in a row, ICO projects have big problems, mainly due to the high level of fraud among them. However, the ICO is still working, albeit slowly. Perhaps the ICO projects would start to recover, however, the prices for altcoins rose very slowly this year following the rise in Bitcoin.
There are still good chances for recovery in ICO projects after the states regulate this type of activity and the level of fraud among them begins to fall sharply.
We are now in year 2019 were IEO was very popular and trending so far, and majority of the community preferred to join and invest on IEO compare to ICO and STO. Only few of the ICO and STO are now really has a potential to give profit to anyone here in the forum. In fact, 2018 most of the ICO went and turned into scam in the end of their project.