The time has come for developers to start creating projects base on real Working Products
Many projects that loses value in crypto space today are only created to follow the coin with highest volume or be drived by the top coin for example bitcoin
We only have very few projects that doesnt care if bitcoin increased or not because there will always be demands for the coin or token based on its working product.
once investors start realizing that real working products is what makes coins and tokens dependant on their own rather than waiting for bullrun season many projects will die painful death because investors will only keep investing in projects with working products only.
I find some of your points to be true and at the same time, its very rare these days for some projects to already have a built platform behind during their fundraising event. Binance recently had a
content creation platform listed, which already has a working platform and a huge following. That right there is a real working product which should already give confidence to its investors and supporters alike.