Since ETH's price is still trading near this year's low, do you think ICOs, specifically ERC based, will be greatly affected? Or do you think price won't matter as long as the project is with great quality?
It won't give effect to the price or the success or failure of an ICO if the price of ETH decreases. And maybe if the project has the potential and many investors want to invest in it then many projects will be visited by many investors. They can buy a large amount of ETH and invest it in the project and of course spend quite a bit of money because the ETH prices are decreasing. However, I only dare to bet if the ETH price decreases then they will focus on investing in the ETH for short term investment, and forget about the ICO project.