...but the quality of projects has rounded at 4.0.
What does this mean? That the quality of projects have decreased? And whose standard is it based? Is it coming from your platform alone?
I have also the same question but their metrics and statistics must be from 0-10. So overall the rating didn't even reached the half of it which is 10 in ratings.
It's obvious that many ICO doesn't have anything to show anymore and as for the IEO, there's plenty of them that are conducting it right now but same as ICO, only few of them will emerge.