I'm now judging whether the project is serious or not, not by how fancy their PPT is, but by focusing on the treasury expenditures: where the money was spent, who signed off, and whether it matches the milestones. To put it simply, the kind of "ecosystem incentives" every month that have no deliverables, no reviews, and no one taking responsibility—I assume they are just dragging it out.

Later, I thought it was quite funny—everyone arguing like they’re trying to save the world at the governance meeting, but after it’s over, it’s just “we’ll sync again next week.”
Recently, the NFT royalty water wars are the same; everyone says they support creators, but when it comes to proposals, it’s “first get liquidity up,” and who will cover the creators’ income?
Anyway, I believe more in: after each expenditure, there should be a clear acceptance point—whether it passes or not, who explains it—don’t just hold meetings.