Very true, new projects are filled with scary promises and attractive roadmaps thats what people are buying. The bear market is one way to test crypto projects stability on how will they survive during this type of situation. This industry really needs cleansing, what will be left are probably the gems.
now investors or people in the crypto market are no longer stupid who are only interested in the roadmap and sweet promises of the project. now the real products and markets are the main consideration. if you don't have it it will be difficult to get investors.
even though there are many scam projects, but you can see and ignore projects like that.