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Interestingly, all of those either use cryptocurrencies as an investment, or merely provide cryptocurrency-based tools (of questionable utility), and leave the problem-solving to their users.

Why mine (fool's) gold when you can sell shovels?

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Protocol Labs seems to be one which is actually trying to solve a problem rather than just being a tool to buy or use cryptocurrency. Your description is probably apt for the rest.

Most Crypto projects are raising money via ICO route without dealing with VCs, cap tables, and board seats. Most of these projects will fail, just the nature of innovation. Few will succeed and change the world, I will argue that Eth (one of the first ICOs) already changed the world.

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