Yes and no, when there were a lot of good ico, there were many investors involved and ico was running smoothly, but now the condition of ico is not as good as it used to be and many people are rethinking investment in ico, I hope that in the future ico will be able to develop as well before there will be a lot of people investing in ico
I think even nowadays there are good ICOs that i bet if the started in 2017 they can reach soft cap in few days , But now they cant even complete Pre-sale. So it is not about ICO quality , It is about the process itself as a way to rais funds