I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.
What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?
You are right, those projects are useless still from investment perspective it can yield returns but is it possible to find the projects from the pool of projects, and even if we do we only got short time frame to profit out or else the project will drag down once the hype is over so I would better stay away from it instead of risking and thinking that whether I made the right decision with my money.