I think its a foul play if a project team that has a utility like privacy or swap tries to go metaverse and play2earn all of a sudden, why are developers of today like this? I just believe that they have accepted their failure and trying to look into what's currently trending but what they fail to see is that some projects have maintained their single use cases for years until their time comes around and things start going well, before play 2 earn games became a big thing today few projects have been around for quick some time.
That could be a flag, a flag to be cautious.
Ideas are what breeds and pushes a a project. That's why we've got several of unique blockchains and also have some project anchor on those of others.
When there isn't a unique idea about a project, it becomes a sign of some possible pump and dump whatever in play, a rushed job for which, the developers just wants to pick up what they can and live. Sadly, the cryptosphere is one place this can happen and nothing else could be done about it after its done.