Please, no more... don't we already have enough junk tlds?
Although it seems better for .ai where the price has been increased so that you have to pay $180 for the first 2 years. There are still a lot of squatters but not as many as the cheap TLDs, and $180 is still within range for a startup or hobbyist so I hope more TLDs do this.
These events have nothing to do with domains. They are funding rounds for the corrupt organisation known as ICANN.