But, there are still gems that have great products, teams, business models. It has just never been more important than it is now, to do your due diligence and dyor.
It's just like the ICO story when there will always be the trusted project while a bunch of scam projects will be dead. There have been legit icos still exist until today and then we have been seeing so many dead icos in the past. The new tech will need the time to be more matured.
The rome was not built in a day and all of things will need the process.