The path that Zcash and other next-generation blockchains (Tezos, DFINITY, etc.) have taken is to set up incentives and off-chain governance processes to align early contributors and help guide the project from infancy to adulthood. While this trades off early on with decentralization, it allows for independence, time, and resources to be committed to more intensive research questions.
Civic was at the nascent stages of starting a potentially successful identity startup, which could have been a boon to traditional financial services companies. The gluttony of 2017 pushed them and many others to make short-sighted decisions. Not every company needs to become a “project” and embrace the ethos of “Web 3.0. — not that Civic even comes close — Civic’s project isn’t even open-source in counter to the cypherpunk ethos of other self-sovereign identity projects.
My bullishness [in Augur] is due to (1) a full year elapsing with a working product (2) improved UX/choice of clients (3) increased brand awareness (4) demand in the market for a non-custodial prediction market (5) stablecoin integration and (6) better market-making and liquidity provisioning.