Saying that most crypto projects end up failing is about as interesting as saying that everyone who lives in the mountains ends up dying. The vast majority of projects fail in general.
> As soon as I notice the word crypto, I think the project will go the way of the dodo.
Their belief is that a project is more likely to fail because it's associated with cryptocurrency. You can challenge that belief by asking yourself whether Sci-Net would be more or less likely to fail if it tried to accept cards or Paypal instead.