I think fighting does not mean that a coin will be successful after ICO. But the hype have mental or psychology GWEI in minds of buyers.
If your service is not unique, then your are not creating blue ocean in this game. Tough competition is the same space means low/no profit in the long run.
I 😀 when I see ICO using 'blockchain for game market' as only selling point.
Can a coin dominate steem in media blockchain?
Can a coin dominate CANN and THC in cannabis blockchain?
Perhaps, the world is still waiting for best alternative to google. None has survived.
In decentralized storage, how many coin can dominate Storj at this moment.
So we have to understand power law, and it effects in financial technology market.
Sorry if there is any error in my writeup, I am just trying to make a point.
The point has been made.
😊