Sounds like whale-catching mobile games on a much bigger scale; Create a fake world with a bunch of fake restrictions, line up a bunch of bored computer nerds, get them to feel superior over one another by demonstrating their wealth with the purchase of expensive bits and bytes.
The cryptocurrency talk is just the mumbo jumbo to catch the idiots. It’s like those alternative healthcare practitioners who sprinkle in the words “study” and “research” to make their quackery sound legit to the unsuspecting.