There are legit projects, and there are scams, and everything in between. Also gold has countless projects, including more recently those related to Gold-backed stablecoins, but also everything else under the sun, startups with new types of devices to measure gold purity range, geo-spacial imaging analysis, you name it. Bitcoin is special in that any attempt to build anything often gets one labelled a heretic. Not only build but just maintain, upgraded the the software in any way. It's by far the most Amish of asset communities.