If we do not invest any ICO then how it will successful?so now this time every ICO going to scam and ICO failed.
The decline in trust is based on unexpected crypto values, preferably next year all ICOs use stable coin payments to reinforce the situation ...
The reason of overall failure of ico is that the team collects the funds before they actually start working on the project and milestones. Once you get the money, the team does not focus on remaining development of the project and tend to leave the project as they already got the handsome amount through conducting the ICO.