The idea looks like nice. But team here very weak. I cant see any of their work before.. It seem, that they dont have skills...
Have you already tried the Alpha version of Qvolta Exchange? If not, then you don't research and just throw an unsure statement. The project itself is easy to develop. So Qvolta don't require any huge amount to develop this project and won't require a lot of time to be develop by a highly-skilled programmer.
You joke? Adversiting and success of this project requires a huge skills!
If you said, that its only simple application - it dont cost anything (1-2k usd max, not 5 millions)
And now, look a team.
First of all - they are russian, but they wrote, that they are from Czech Republic.
Also, all of them working only in some "counsalting" and no more.
Also, first of them also have some website, but it seems site not work anymore.
Idea is interesting, but this idea a copy from Localbitcoin. But team dont have any skills.