Never have been a fan of ICOs in the crypto world, probably because there are a lot of scams associated with many of these. I don't excude the option for this one turning bad even before they release something working even if they plan to do such a release. I'm not accusing them or anything, just saying you should be careful :)
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I used to be a big ICO fan. Then we had Nocoin (Neucoin), the DAO, WAVES (hopefully that will pay off eventually), and even LISK has been a bit underwhelming compared to past ICOs.