I was very skeptical of ICOs a few years ago, and they now disappeared. Is was like a permissionless stock exchange. Is any of them still worth something?
This demonstrates that the blockchain promises of decentralization and avoidance of government is generally impossible in countries with functioning governments.
If there's a real non-bubble use case, it will have to be around making a bad but much less expensive version of something that's already possible offline, but that requires lots of lawyers to set up.
You’re clearly out of the loop so. Just do more research.
There are still ICOs for instance there are auctions happening right now on Polkadot.