The way I see it is the market at work, those who attract the right investors set up the right infrastructure will continue to thrive. Failure in this space is more important than success as it helps capital flow to where it is needed and best utilised unlike in the current startup fiat market.

While some may see dying projects as a waste, they're all experiments other projects will learn from and since the code is open-source it can always be used at a later stage by another project

There is no shortage of coins sitting on capital right now, that could be better used somewhere else.