i agree with you.

Magi is same game. It was promised a full smart contract chain to build and be a addition of hive and became more or less a bad trading app.

And all promises from any other project from years ago vanished or they died. Sure thats because of the market.

But not a single launch of something that makes sense. DAO is like a bank pays for stuff with 0 market value by inflation. I would not wonder to see 100% inflation over the next 12 months.