Yes I'm aware of the fact that new projects come in to solve different problems, but can't a new team come of with their new ideas and partner with an old team that has an idea that is almost same as the new team's idea and they work together? It might look or feel like a useless idea but it could reduce the the level at which scam enters the cryptocurrency market. I kinda feel like all the projects currently in the cryptocurrency space has already tried to solve almost all the problems we can think of, if the projects are dying, I feel they should be improved on instead of getting a new ICO and a new whitepaper to fix the issue
Yes, under normal circumstances, already existing but non performing projects should have been revived to effect the changes they were meant to bring to help society but we are in an era where one's failure gives another an opportunity. In the mist of this competitive environment, you see two or more projects trying to solve the same problem. Why this? Its because each team wants to claim the credit, "they are the best and they are doing better than all others". Simply put, there are many projects because because everyone thinks his/her approach to solving a problem is the best.