By the standards of successful projects $1 million may not be so much, but now the crypto market is going through not the best times. People have lost part of their savings in the cryptocurrency, or rather many coins depreciated.
That is precisely the point. I remember the prosperous years of 2017-2018, when in half an hour 70 million dollars were collected on ICO. Then for the investor were the best of times. But it was hype time.
Now people just become much more interesting and smarter, that is, they began to understand that there are a lot of scam projects on the market
In the old days i was told how people could buy apartments and cars for the bounty of the company, but the rest of the time has passed, now everything has changed and it is very sad, but the market is constantly changing course
This is true in a good time, when ICO was in fashion, people could earn very solid money. But that time has passed, today it is necessary to look for new opportunities for earning, including investing in live projects.
Since bitcoin lost its highest percentage, all of projects goes lost their percentage too and it is very difficult to find a new project to invest or to earn free coins.