People who are still Opening up ICOs with Dapps/tokens created out of a thin air are probably late for the party now. Back in 2017... One had a chance of making hundreds of dollars with project that had not working product at all. Just a website, tokens and maybe whitepaper and you were go to go.
Newbies would spend recklessly on shitcoins but that's not the case any more... The 2018 bare market exposed how ugly shitcoins can be and most people are now a little bit more careful with money
All those projects were failed because of bad marketing, all those projects are created as a quick money making scheme or by dumbest people of the world
Just look at those projects,
Total supply 2 billion, 4 billion, 100 billion etc
Coin Price 1 dollar, 2 dollar, 1 eth = 100 tokens, 500 tokens, wax distributed 1500 tokens for 1 eth etc
& if you look at the business, do you think that has it a demand ?
Just if you consider, back in 2013, when there was only the web 2.0, When we were creating websites, then what we do is to marketing, advertisements, etc
Now what happened here, last year Google banned ICO ads, Facebook did the same, which lost many investors, many project gone, all this happened because of fucking US govt, they even banned the bitconnect while they had no right to ban it as it was not based on US, if they wanted to stop their own people, they were able to stop their own people so they could not be able to invest in those ponzy schemes, All this made investors to loose faith in crypto and ico. So this situation just affected blockchain investors and make their mind as all the blockchain based projects are fake and if you enter in one, then just getout after making some quick cash.