Totally agree on valuations. Its a crazy time in this space right now, but good to see a little correction happening and some sideways movement in general.
Here was my article on valuations a week or so ago. https://steemit.com/cryptocurrency/@knowtheblock/the-difficulty-in-assigning-a-valuation-in-the-crypto-space-ico-s-and-tokens-heck-what-exactly-is-a-token-lets-discuss