Hi guys,

Been reading about cryptos for 3 months and invested some money 4 weeks ago.
I now have my eye on an ICO which is believe in.
Like most ICOs you can deposit BTC or Eth to get the new coins.
However this got me thinking:
Lets say 1BTC is 8k dollars and i invest 1BTC in ICO X tot get 8000 Xcoins (random name). Which means 1xcoin = 1 dollar.
This means Xcompany now has 1 BTc worth 8k dollars and i get 8000 Xcoins.
At some Point Xcoins Will be added to An exchange.
Now for our example the price of neither BTC or Xcoin Changed.
The Company Sells it's BTc for 8k dollars and i sell all of my Xcoin for 8k dollars.
Somehow the company has 8k and so do i. So we "created" 8k dollars.
Am i missing something here?
Are ICOs creating a fake market Cap?
Are they creating a bubble?
Who's actually paying that 8k dollars?