I remember seeing uetoken.com... I can't believe they raised $62,706!!! Wow. Humans are pretty stupid, I guess. Do we need the SEC for stuff like this? No, we need people to stop being stupid.
Forks of existing blockchains is something I'm still not a big fan of. The different examples I've seen just confusing things. It also makes me wonder if they are just attempts to get identities attached to old addresses since you have to put them in an active wallet and sign something to prove ownership. My BTC is in paper wallets, so I'd rather not bother with that.