But no, people wanted to do their PoCs, wasting tons of money, not to mention taking it.
Hell, my company Blockchain Workspace had "saving people with less knowledge money by helping them identify stupid projects" as its Mission Statement.
Large companies should have enough experience not to fall for obvious scams.
Sane projects should keep building, at a cost that is realistic, which is actually low: any "blockchain dev" that has one year experience should not be hired for an exorbitant wage, just like high wages for Vendors of Shit should never be given.