The main thing I don't get with EOS is the huge market cap that's projected here. From my understanding we're looking at over 1 Billion tokens valued at .25 ETH each. The valuation would put it at over $75B, which is larger than even Bitcoin. How does this kind of valuation and level of fund raising make sense for something that hasn't quite proved its mettle?

I know there is a lot of positive energy around EOS but something just doesn't quite click for me here.