Not true man. Check their Telegram https://t.me/neufund It's pretty lively there and new projects are in preparation to be funded via Neufund. There are also many recent articles on official Medium channel https://blog.neufund.org/@neufund
There is no trading volume but this doesn't mean the project is dead. NEU tokens are simply not supposed to change hands that often. You are supposed to have them on their platform if I understand correctly. I also just cam back to this project after a long time so maybe somebody else can explain it better.