Stop investing (investors) or promoting (bounty hunters) projects requesting ridiculous amount of money just to build some silly application... it's just outrageous 90% of these kind of projects later Play an exit scam on investors
Yes, how many of the ones that have succeed in raising such big amount of money has been able to account for the money, what product can we really see that has been created that warranted such huge amount of money. Many of these projects like to inflate the cost of the projects unnecessarily.
I am not trying to discourage new projects or company, but we cannot stop them from quoting whatever they want to quote that is necessary for their business, but for investment, I think I will prefer not to be the used as example, so I will wait to invest when the project has already entered exchange and have a working product.