Hi Paul, my honest view would be to stay away from it. I just checked out some details on their site and quite frankly the whole deal feels quite sketchy to me.
It doesn't fare too well on the criteria that i usually use: working product, clear value proposition, validatied user base, all star team/ advisors and clear token dynamics
It fails miserably on at least 3 out of 5 measures
so in my view this feels like one of those "get rich quick" projects for the developers.
There's so much noise out there that it's really to get dragged into something just coz of FOMO
I come from traditional VC investor background where we used these criteria to evaluate startups
and it works nicely for ICOs as well😊
Haha...true. Unless you can see the product yourself and check how people are using it. Generally stay away from those projects.