Today ico don't raise money because now after crowdsale the price of the coin goes down very much
The more reasons why most ICOs failed woefully is their illicit act of collecting investors money and after the end of the ICOs, then the price drop without any reasons for the course. They actually scammed investors and have come to eat their own deed. IEO is now onboard.
There are a few icos that failed but so far this time more icos are deciding to create a partnership with the exchange site. IEO is the new transformation from the old ico and i thought that you have known about that dude.
You put ICO in the place as IEO.