People in and out of crypto see them as bubble that will pop, causing prices to crash badly. The bubble will pop. Vitalik is right. 90% of tokens will fail. The 10% of projects that make it through the bloodbath will turn into the Amazon, Google and Facebook of tomorrow and likely even the JP Morgan and Goldman Sachs as well, not to mention maybe even the governments of the future, like digital direct democracies or liquid democracies.
Innovation is hard work.