Yeh and it must be done . governance plays an important role in ensuring that the concerns and suggestions of all stakeholders, including investors, are heard and addressed. Eg In the case of a decentralized exchange (DEX) project, governance is very important to ensure security and sustainability. Without proper governance mechanisms, investors may hesitate to participate, leading to a lack of liquidity and growth and not all governance mechanisms are created equal. As you mentioned, some projects may have governance structures that do not adequately address stakeholder needs. This can result in losses and a lack of trust in individual projects in my opinion.
What you say is true, but there are many new crypto everyday as we speak. And what keeps people from investing in your crypto due to its lack of popularity, lack of trust and more.
I think a lot of devs want to create that new crypto just because they want a big chunk of money.