It's not a scam project, but they failed to manage hype and lost the interest from whales.

They still talk about $37 MUSD they raised in ICO in conferences while not mentioning -90% decrease in value afterwards. People are not stupid, they will go coinmarketcap and check the chart and laugh at the fact that they still try to be proud of ICO while ignoring where they are today.

They have useless advisors. If they had one good advisor, they would tell them that "hype" is a free marketing opportunity, and you do not need to do all these traveling around the world presentations etc. hype does that for you for free. But, they did not understand crypto market yet.

Anyway, it will take around 1 year to produce something but 1 year is a super long time in crypto world, and they will have many competitors and might very well lose first mover advantage at any time.

All it'll take is another team with another ex-paypal group which can manage hype better and have a working prototype to take over MTH, while MTH will still be talking about their ICO and $37 MUSD in conferences.