There are a lot of good things going on here and it is the most fully formed Web3 ecosystem. That being said there isn't enough development and incentive to really build here. People don't hardly submit proposals because they aren't going to get approved. Then you get laughed at essentially by submitting anything.
People expect you to basically pay 3 times at least to MAYBE get funding. Pay with your time, buy tons of HIVE Power likely at a loss, then built a complex app for Free and then MAYBE get funding.
Would anyone pay Microsoft to have a multi year unpaid internship to MAYBE get a fulltime paid offer?
The game theory breaks down pretty fast when we put it that way and the same thing has happened to other chains such as EOS and ICP as well. The sentiment is pretty low on those as well despite having higher marketcaps. A high percentage of people upside down on their investment.