When people say that many bad projects now, I think it's because he chose the wrong project or campaign. I think there are still many good projects that are worth doing.
I am still sure that the altseason will come on the right coin and the altseason will not occur on shitcoin. With the current strong dominance of bitcoin, in my opinion it is not good for the market and investors will shift their investment to good altcoins and at the moment I think many good projects have sprung up
A good project is not guaranteed of success upon the listing of tokens. I have seen a lot many good projects failing to achieve the soft-cap levels. Even those which managed to achieve the soft-cap got destroyed upon listing. The prevailing market sentiments can have a huge impact on the success of the ICOs. During 2017, even bad projects could manage to get a decent listing. Two years later, that is not the case.
Another thing to remember is that many of the projects go for the ICOs too soon. They should wait at least until the initial phase of the development is over. What happens is that after the ICO, the development comes to a complete halt and in many cases the promoters vanish with whatever money they could get by dumping their tokens. So a project may be a good one or a bad one, but that alone doesn't guarantee a positive reaction from the market.