Why do hundreds of alt.coins exist ?

Hey there,

I've been wondering about alt coins. All of them seem to have a project around a certain theme; be it solar energy for SolarCoin, computing power for iExec RLC etc.

So here's my question: there are probably many great ideas, but why do these projects always insist on launching a new currency to go with those ideas?

What am I misunderstanding ? Thanks :)

submitted by /u/DehiXeM
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