Sadly still people getting into it. As I can see most of the projects are scams. Even they aren't skipping right after the initial sale. They are selling more tokens on exchange either Dex or Cex. Most project doesn't have any effective concept nowadays, it's just a game of becoming quick rich for scammers. Someday they will sell all the tokens and keep silent. That means a lot of people will lose funds.
What distinguishes this scam is that they paid some money in a Bitcoin signature campaign and it lasted for about a month, which increases the credibility of the project, but unfortunately they paid some money to attract people to invest and then scam them.