The act of having a solution and looking for a problem isn't new or just crypto related. Angels and VCs are familiar with this, where entrepreneurs try to raise

The act of having a solution and looking for a problem isn't new or just crypto related. Angels and VCs are familiar with this, where entrepreneurs try to raise money by bringing novel algorithms/technologies/approaches to markets without product-market fit. Uber for dog walkers. Slack for neighbourhoods. Etc. However, crypto allows you bypass VCs entirely, allowing you to crowdfund. Naturally this results in a lot of exit scams, or stupid ideas with low probability getting funded where most experienced investors would have passed on.