Def a cash grab. I found an interesting picture on github explaining a few things about this project. All records checked out when I dug into it myself.
Do background checks on the ceo and Co founder... Ask how Co founder settled his bankruptcy and re-secured his property worth 200k after the ICO when he's been fighting it in court SINCE 2011. He's filed twice for bankruptcy BTW.  Founder is a felon as well..burglary.... Theif? I trust that with my thousands of dollars with nothing to show except some flashy animated videos... 
All public records.. Yet you trust a project with 0 open source and nothing to show..
Please research where you put your money.
I hope I'm wrong but you've been warned.
Who do you think that 1.7 million sell wall was a few weeks back.
ICO funds were obviously used for personal things.
Connect the dots and think people.