I was impressed by the project when it came out but i chose not to invest in it due to the information in the whitepaper about the tokens not providing any intrinsic value. Not sure if understood that information correctly though.
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AFAIK the no intrinsic value thing is just a disclaimer they continue to cite to avoid SEC regulations. Basically an extremely sketchy white lie, on purpose.
Yes, I did the research. Ethereum had the same disclaimers. That is for liability and standard so they cannot be sued if something goes wrong. You take all the risk with any ICO and any competent ICO would have the same disclaimers, although with the track record of Dan Larimer I think the risk of his team not delivering is about zero.