I'm pretty certain it won't- I saw the same bullshit back in the early days of BTC, and here is the fact of it: all cryptocurrencies are based on a common belief in them- they have value because people ascribe value to them. I've heard people talking about Ethereum in my barber shop, awareness is that high. Combine that with the EEA, it's here to stay. If the core developers change- doesn't matter, happened with Satoshi on BTC, happened a dozen times since then. It's also clearly not vaporware- it exists, it has an active and vibrant community of people building on their chain. Will it ultimately fulfill it's promise? That's a more interesting question and a slow death not a big bang question- but that faces all of the cryptocurrencies, they have to innovate to stay relevant and deliver on what they say even if they don't do it in the timescales originally planned.
Good luck with Ark btw.