I'm sorry but this is so absurd. They are doing the equivalent of printing their own monopoly money in the garage and then selling it for real currency... dollars.
Blockchain is perhaps the most economically important invention of the last 500 years. Right now the whole space is worth less than $100B, and it's going to be worth tens or hundreds of trillions of dollars. Obviously valuations have far outpaced the present usefulness of these technologies, but because the pie is so enormous it would be irrational not to overpay. Right now prices are too out-of-whack with reality so…
This kind of starry eyed delusional exaggeration is why btc/eth/ico, etc. are seen with suspicion in places like HN. Blockchains is an area of active research, they are nowhere near the most important thing in any amount of time, for now they are just promising, time will tell how far they get. But even the marriage of this promise to current early implementations like bitcoin/eth is pure lunacy. People are getting mad on get-rich-quick schemes and price speculation, not on the promise of the technology. At this point we should be starting over every 3 months and dropping and experimenting all over the place, not tying billions of dollars on early adopter versions and spending years in internal wars when the inevitable need for improvement and evolution happens.