Indeed. It just the founders of any start up who come up with a raw idea which is taken to the next level of virtuality and all the people fall for it and invest into them. It is very clear that these people just want to raise money for their real world start ups, entities or to take their old businesses to the next level. Now not all of them are scam, but few of them are really crazy and rob everything. Many people are smart now a days and creating a coin or stuff like this has got no big deal and can be done in 24 hours of time. May be thats why the number of such alt creation is going off the chart.