Yeah but don't assume that because a lot of obvious scams got funding means that every legitimate project also got funding... It's not like the market 'ran out'

Yeah but don't assume that because a lot of obvious scams got funding means that every legitimate project also got funding... It's not like the market 'ran out' of legit projects and people had no choice but to buy scams to meet their insatiable demand for crypto. There were a few high-exposure 'obvious scams' which became viral but they are not the norm. A huge amount of legit projects (mine included) got barely any attention and struggled to raise $30K in spite of having top-of-the-range tech (at least by several measures). The tech, and even business aspects are often a tiny component compared to the pure hype aspect. This is true for essentially any project that raised any significant sum. All the business or tech-focused projects are dealing in tiny numbers and virtually unknown. It's hard to find them even if you look for them. Total media blackhole.