Let me say I'm confused and not also confused when it comes to a project's goal and objective in this space. Let me try to explain myself so you can understand me better.
If a certain project in DeFi or any ecosystem is being listed today, the devs will say it's basically built around virtual finance or just to make the finance sector better. But at the end of the day, the last thing someone sees is listing it and people buying and selling it. Is the money they made what they will use to build the influence of the main reason it was launched, or what? I asked this question because many new projects I've seen so far, on paper, look good with their aim and objective.
Take $HYPER as an example. According to the whitepaper, it is a permissionless interoperability protocol enabling seamless cross-chain communication, and also it allows developers to build interchain applications without centralized intermediaries. With these, how will they actualize the purpose and not limit it to people trading it?
Actually if we do speak about those projects that talks about "INTEROPERABILITY" then we do have tons of similar projects so far on which some of them are being listed already on known exchangers. So therefore, its not the first project who do have this feature or revolutionary discovery about cross chains. In speaking about the reasons on why it do fail?
1. Copy cat from other projects, there are tons of existing ones and nothing special
2. Devs do stop on developing or following their roadmap if they do saw that they didnt get so much demand
3. Or totally doesnt have any plans on realizing it on the first place.
This is where investing doesnt give out any assurance no matter how good looking the project would be. Usually Developers do only aim for the money that they can get
on which this is what mostly happens for most projects. Once they do able to hit up their target or load off all of their holdings then they would be just that simply abandoning the project
and made out another new one and this is the common cycle that we do have and thats why we do have tons of shit projects in the market.