The quality of most ICO, I am currently observing , is very poor. And all because it's now fashionable to wrap something useless in a beautiful wrapper and sell more expensive. Most investors who are chasing short-term profits have no idea what they are investing in. The most popular question in telegram chats is " when is the exchange???""Why did I lose 90% of the investment value , when the coins will grow?"
All this suggests that most of the players have just come to the cryptocurrency market and are eager to quickly earn easy money. But it doesn't!!! These newcomers massively incurred money to startups, and those, in turn, realizing that it's possible to raise lots, began to organize ICO one after another and don't think much about the implementation of the product in life. Why build difficulties if people give their money anyway? Until this situation changes, the quality of ICO won't change either.