The charitable take is that they are mimicking VCs. VCs regularly give money to companies on vague missions like "disrupt the vitamin delivery industry". The V

The charitable take is that they are mimicking VCs. VCs regularly give money to companies on vague missions like "disrupt the vitamin delivery industry". The VCs don't really have a great understanding or confidence in exactly how the company will be profitable, but they are placing lots of bets hoping one will pay off. So people promoting Web3 are taking a similar path of making a bet that crypto will be useful someday and hoping to get a piece of the upside.