As compared to the Q1 of 2018, Q1 of 2019 saw a dramatic decrease in amount of investment done on ICOs. The amount collected by ICOs has been decreased by 51 times as compared to previous year.
https://cointelegraph.com/news/report-icos-raised-118-million-in-q1-2019-over-58-times-less-than-in-q1-2018/amp
Remember the price of bitcoin could give a huge impact to the icos too, i remember bitcoin worth more than 10k in the first quarter of 2018 and this time it has touched its bottom. Investors are searching for promising ico and that makes the competition becomes very strict. https://cointelegraph.com/news/report-icos-raised-118-million-in-q1-2019-over-58-times-less-than-in-q1-2018/amp
