Why is are new mining project mainly scrypt?

[BaNgTHai]

It seems like GPU projects are dying off. New mining projects are scarce but when they do come out they are primarily scrypt and sometimes x11. NEVER GPU?

[gotit]

Bitcoin Gold should be out soon - and that's a GPU mined coin.

I guess some projects prefer scrypt as there is a lot of scrypt hashing power out there.

[Joshua kingpin]

It seems like GPU projects are dying off. New mining projects are scarce but when they do come out they are primarily scrypt and sometimes x11. NEVER GPU?

Lots of asics were produced... Folks need to do something with them 

[BaNgTHai]

I think we need to figure out a way to make miner more important to the ecosystem so that miners could make money. Right now there are just too many people doing it. There has to be a way to incentivize more project to come out with minable coins. Everything is an ICO nowadays....