The problem is all the Counterparty development was from volunteers and the main developer sadly passed away a few years ago.
Wonder who you're talking about as Adam K. was last online on this forum on Sept 21st.
There is no one being paid the big bucks from ICOs or companies to create or develop it further.
No there is not but it still receives regular updates, largely thanks to
J-Dog who is committed to keeping the protocol alive.
https://twitter.com/jdogresorg/status/1582775606055297026Devs developing on top of Counterparty are always at odds with figuring out how to get compensated for their work... it has to be at least partially a passion project or they won't have the motivation to get through it.