Ummmm, yes they are. They're a function of all the "free" money sloshing around in crypto due to the bubble. Etherium did what it did with $18 million. Now ther

Ummmm, yes they are. They're a function of all the "free" money sloshing around in crypto due to the bubble. Etherium did what it did with $18 million. Now there are projects that are proposing to do things orders of magnitude less complicated raising $30-50 million.