Pragmatic Fringe Technologist — Balance, Timing, Fortitude, Appreciation and a little ¯\_(ツ)_/¯
Most companies fail (or are perpetually flat).
Most apps in app stores don’t have meaningful revenue.
Most SaaS struggle with competition or market fit.
Most promising projects get eaten by giants.
I think a solid example of an ICO that fails all 3 points is EtherParty.
A centralized SaaS used as a gateway to deploy smart contracts and implements a proxy token (FUEL) to replace ether (or eventually btc and other native blockchain currency).