I agree with this assessment. Most of these coins wont survive, they are nothing more than companies using "ICO" to raise cheap capital, it is that simple. In the real world most start ups fail and so will the majority of these, but sadly with a lot of peoples money.
all this "ICO" is meant to fail, perhaps?? ICO is just a tool use by so call Dev Team to run away with the money they raised from ICO.
That is a very general assumption. Yes it is true some companies do this but majority don’t. A large percentage will fail naturally, but there are some very good projects out there