Man old projects are remodeling and cleaning up their codes and acts to suit up to the challenge of New projects. It's the way to go now. Example is introduction of NFTs and DeFi by old projects
Thank you for this reply, a lot of other users have been on negative about old projects and they have written them off as scams. But not all old projects are scams some failed due to one factor or the other, but with the recent developments in the NFTs and metaverse, a lot of remodeling is ongoing. And some projects just rebranded with new code.
Yes, there are lots of aspects to be considered first before concluding that a failed project is a scam. There are just unsuccessful projects especially the ICOs that we had last 2017. There were lots of potential projects before but failed due to some reasons. New projects nowadays are continuously developing and modernizing the metaverse is a visible example.
