WowSecret's main concept was to collect stories from users (which they called secret), It gave a lot of emotions from incredible stories collected from around the globe, the project allows millions of people to share their best stories and personal experiences on the platform. The story that got the most likes would be rewarded.
Several more features were under development but the project abruptly disappeared, although the project started well but did not reach its final mess. After the project closed I realized why WowSecret (WOW) is quite popular for its young age, I think the guys bought tokens on the exchange for themselves.
Overall, I can’t say exactly how many projects cannot be implemented as a percentage. But I know for sure that there are a lot of unnecessary projects on the market, now lots of project has gone like this to create startups, so their ideas remain only ideas. So, do a good research before investing in a low rated project such as WowSecret.