guess the main problem is that they´ve advertised their project heavily in the early years, when Lisk was not much more than a theoretical wet dream. People got hyped and had really high expectations of it ("Lisk = the better ETH!!!"). Now, ~4.5 years later they are still developing and developing, but while their current "marketing" is now limited to incomprehensible news like "the 47th epic of Lisk SDK 106.0.0 was closed", people still only can do what they could do 4.5 years ago with it - sending Lisk, receiving Lisk, voting for delegates. Not even dynamic fees are here, which were also announced years ago.
So imo their marketing was a big failure at the early years (completely overhyped it) and it´s once again a failure now (almost no average small crypto-investor can get what the hell they are doing/dev´ing since years - without tangible results, while almost 4/5 of their ICO-BTC´s got burned meanwhile). Over the years this has cost them a large part of their community + reputation, and this resulted in the current state -> Lisk, the disregarded wallflower, has completely moved out of cryptoworld´s spotlight. Furthermore, Lisk´s former unique features aren´t unique anymore, competitiors haven´t slept. On the whole, the sad chart-trend proves me right.
No clue if they will be really able to change this deflated situation again.
note that they got ~ 15k
BTC in ICO
much people lost their property in investing
and it seems that nearly nothing valuable is coming out after years of developing
and the founder are silent as if they have leaved the project
