Everything in the world will change through progress, development and innovation. Its not sad to see ico decresse in percent because we got new way of invesrment. We have now IEO stands for initial exchange offering. So investor hasn't increase instead, investor choose to buy coins throuhh IEO which is much safer than ICO
If we take a look at both, we will understand it is same, ICO has not really gone, it just has a better and safer version of it called IEO. Looking at the chart, just a little change of organogram, that is all. ICO(Project developers – Campaign Managers – Bounty Hunters – Investors) while IEO still involve (Project Developer – Exchanges – investors), so the two things that will be missing now is bounty campaign and hunters which is quite sad because every investors now trust the service of exchange to bounty hunters.
Initially, I thought bounty hunters will still be relevant since not many projects will be able to cough out the initial capital required by these big exchanges, but it is so sad that smaller exchanges too are becoming to come up with same IEO idea, which I am sure they will have very little fee for a project to be registered.