I think Chia is a solid project. Their goal was making a greener crypto, which in their case can only be achieved if it does not make sense for people to buy HDDs solely for mining. Not having pools ready on mainnet launch was an oversight for sure. But the vision is: Anybody can make some small money by just mining their spare drives - cost of HDDs and XCH price will reach a point where just building a farm makes no sense, but using your spare (free to you) space does. Network growth at that point will be slow, and therefore energy utilization of the network as well, since plotting will not be happening at large scale anymore.
At this point people are still plotting like crazy, since they are betting on price growth of XCH. It's a gamble, but XCH is still young. Who knows where it's gonna trade. The team and backers of the project are solid. VC money makes their operation stable for a few years. Let's see where it goes.