The reason I made this post though is because I recently stumbled upon a project that shocked me because of how worthless it is, yet people seem to support it and I really don't understand why.

The project is called Originate Coin maybe you guys have come across it on the bounty or announcement threads.

"A decentralized database network" is what they propose.

Their site is a classical ICO template anyone can setup relatively cheap and when you read the white paper there's absolutely NOTHING that describes the project value proposition in depth or heck even a tiny bit. It only talks about blockchain technology, Ethereum, cryptocurrencies and the ICO structure. Very general subjects, it almost feel like it could be useful educational content for cryptocurrency and blockchain beginners, but nothing really special about Originate. It doesn't describe the token's utility, the economic model, the actual purpose of creating the project. Nothing.

In spite of this, they are cynical enough to write this:

"...Originate Coin cryptocurrency intends to reach the fifth place in market capitalization over the next two years..."

There's even a fake Linkedin button for the team members that doesn't redirect you anywhere and there's no description about who these people are. There's only pictures, possibly not even of the people behind this scam.  

The Twitter feed is full of hype around the price and trading activity that supposed to be real.