for example i came across this:
https://azimuth-finance.com/while going through their website i cant see a lot of information on the usecase for this project, they only say:
$AZM-utility-token supporting Azimuth Finance ecosystem and also simplifying and improving platform operation. Token $AZM is used in Azimuth Finance stimulation model as a reward for online activity.

guidance appreciated...
You can join on their social group to ask more information, I usually look for the information on their Whitepaper, and roadmap. If the site is still incomplete then I would not invest on that project right away, I still need to look for more information and the only way to know that is to communicate with them. Most of them have their own telegram group where they discussed more about the project.