It's strange to me that crypto enthusiasts don't see the problem with ten thousand different blockchains in the market trying to pass off what is by-and-large the same technology in a different box. And because of speculation, branding plays a role in giving scams and shitcoins legitimacy. Unless you can improve upon the blockchain in a way that isn't a gimmick or redundant, but a legitimate improvement--then by all means, invent away. But there simply are not going to be 1000 coins on the market once blockchain technology has truly met it's mainstream adoption.