1) VC action in this space is not just to create shitcoins. And they keep getting bigger because this stuff is being built now. https://fortune.com/2021/11/18/vc-crypto-funds-are-getting-b...
2) The example of fraction is not just a "selling platform", but an actual real problem being solved (fractional ownership of real-world items). In LATAM for example, there are exceptionally convoluted structures to partially build and own low-income centers of commerce (kind of like malls). Fake ownership documents are very common. This solves that problem squarely. There are more real-world use cases like this.