It's just Testnet. It's a dangerous market for tons of reasons. People have a stigma against it being traded, but I think it's important to keep them circling that people that need them.
There is an argument that a faucet is plenty to test a product, but people want to see hundreds of test coins in their soon-to-be Bitcoin system.
Mining them is $5-$30 each and time consuming (20 minute blocks). This system just allows people to get whole coins to get their test rolling or hardware wallet tested or their faucet funded... whatever.
If Bitcoin Testnet is reset, then the new version will be added but the coins won't carry over. I intend on following it new version because I feel this is an important service to offer.
It's dangerous, but isn't crypto? Bitcoin Testnet is the ultimate shitcoin and is heavily supported by hardware wallets for self custudy and is great for testing services.
Anything that can happen in Bitcoin Testnet could happen in Bitcoin.