Interesting. Everybody has an idea to use Blockchain for everything now, which is great, but only some of the applications will really be worthwhile. For example, I think Steemit is a great idea, but after being on it I'm having some doubts about the execution. It seems like it's largely basically a spam and scam factory right now.
Somebody will come along and learn from Steemit's mistakes and make a better platform, the same way Google supplanted Yahoo.
This really does look like the dotcom boom. What - you're a dotcom? TAKE MY MONEY!!! Didn't matter if the idea was good or the execution and business plan solid.
You can momentum trade off of that kind of market for sure... I just think these ICOs are getting out of control. They look like Penny stock pump and dumps too often.