Welp, you'd have to ask them for a real answer. But the tea is most of them are actually already married. At the core of it, most are bored, craving affection/ attention, and want the fantasy of the young hot chick they couldn't get when they were younger because they weren't as rich and successful as they are now. They realize money is power, and it buys them the convenience of a no-string attached arrangement. Men who want to be sugar daddies don't view what they're doing as "dumping" money if they like their sugar baby.
There are genuine sites and apps for it. And yes, there are real sugar daddies and babies on these sites... it's just a matter of sorting through the fakes and the scams to fine them.
No, I'm not emotionally satisfied. But it's what works for now, as I don't have the emotional energy for a relationship. In the long run, it has probably jaded my perception of love and relationships. If you know you're a romantic who longs for commitment and deep connections, don't sugar.
Which is what brings me back to the main reason I bumped this thread to begin with: Is it even practical to sugar as a medical student/ resident? Or if I tried to marry someone rich and successful, knowing how busy their schedule can be, is it possible to maintain a relationship when you are just as busy?