After loading a Project, I don't hear anything.

Greetings,

I’m using Windows 10, Audacity version 2.3.2

I’m trying to open/load a Project file, and get this Notice:
This file was saved by Audacity version 1.2.3. The format has changed.
Audacity can try to open and save this file, but saving it in this version will prevent any 1.2 or earlier version opening it.
Audacity might corrupt the file in opening it, so you should back it up first
Open this file now?
Yes/No

When I play, I don’t hear anything. Yes, the Volume is turned up as well as my speakers. I really don’t see any modulation spikes.

I doubt is it will ever be opened with an earlier version.

W. Kirk Crawford
Tularosa, New Mexico

Do you mean that the track just shows silence, like this:

First Track000.png
If so, then it would appear that your project only contains silence.