I'm currently looking at the project "Whether they are serious or not," and I don't pay much attention to storytelling; I mainly focus on two things: how the treasury funds are spent and how milestones are delivered. The more fragmented and transparent the spending, the more reassuring it is: the budget has a rhythm, expenses follow the delivery, not a sudden lump sum of "consultant fees/marketing fees" and then people disappear.

Milestones shouldn't just be pie-in-the-sky promises; even if it's slow, as long as they can deliver code, audits, rollback plans, and so on, I consider it working.

Recently, hardware wallets are out of stock everywhere, phishing links are flying all over the place—it's both funny and infuriating: on one hand, shouting about decentralization, on the other, clicking links faster than anyone...
Anyway, I see the project's treasury still pouring money into "growth" madly, but vague about security investments, so I quietly reduce my holdings, just to sleep peacefully at night.