Why are new crypto startups being launched every year?

Why is it that we see a seemingly endless influx of new crypto startups being launched each year? What is the driving force behind this continuous influx? Are investors continuously seeking novel ventures to explore and profit from, or are entrepreneurs motivated by a shared vision to disrupt and innovate within the blockchain ecosystem? With the cryptocurrency market constantly evolving and new technologies emerging, is it simply a matter of staying ahead of the curve or is there a deeper, more strategic motivation at play? What role does the current regulatory environment play in fostering or hindering the emergence of these startups, and how might that change in the future?