They have had a difficult first year (since they decided on making it a universal basic income project). I think that is really just down to lack of resources, especially time. For volunteers, who presumably need to work to live, to launch and run such an ambitious project is clearly demanding.
I wish the project well, but frankly have no idea if it has a future. I am not sure the basic economic premise - wider adoption will lead to a rise in price - is right. Time will tell. But amongst all the ICOs trying to relieve us of our money it is refreshingly different.