Recently, developers are increasingly refusing their obligations and not afraid of the threat that the project will have a lot of negativity, it seems that they do not think about the future and only hope to raise money and hide.
What do you think?
There are two reasons for that to happen. One is that they saw people not getting punished or saw any consequences of anything when they just scam the customers and investors. So when they get funded and do nothing with the money but spend it on personal stuff they know they will get away with it (in third world countries this is much worse since laws for foreign people asking for refund is a lot more loose).
Moreover, another problem is that they do not care about doing anything because they realize the market is horrible and they will fail, some of them even tries to achieve something but when the price of their token goes lower and lower whereas the value of the ETH they collected also goes low they realize they are underfunded to achieve their goals so they just take the money and leave.