1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.
the ICO market went down due to the lack of trust from the investors, lack of experience from the team's, no transparency and too many scams increasingly alarming. That is when we have to know that it was crystal clear that a regulation is needed
Perhaps this is the reason why IEOs is more popular than ICOs. IEOs more trusted by investor because all managed by exchangers and the team focus only on the project. I am agree that regulation needed for cryptocurrency market because its give investor confident