As all we can see the market isn't going anywhere but down.But there are a lot of projects and ICOs appearing everyday but not helping the market at all.
Any opinions on this topic?
The market of cryptocurrencies will be 10 times more valuable if the projects that you are describing were real at all, but most of those projects are scams and attempts to get money and nothing more, and it seems that people are finally understanding that and they have decided that they are not giving away their money to a bunch of people that do not deserve it.
I would not generalize, because even if the project is not fraudulent, this does not mean that the project will ever be successful. His team and community play a huge role in any project, because only a strong team can properly develop their project, cope with the difficulties that absolutely all projects face and the future fate and authority of the project depends on the speed of solving these problems.
It is OK if you do not want to generalize but I will, there had been some investigations in the past and they have found that most icos are scams, some studies say that the percentage is as high as 90%, and when there are nine scam projects for each one that is legitimate I have all the right to generalize and to say, you know what? I'm not investing in the market of icos again.