but the functionality of the token in the sale of one's excess bandwith doesn't provide any value? I dont know another project like this.
How do you propose buying bandwidth - on mobile? It doesn't matter which site you're downloading from,
your bandwith is calulated regardless of VPN or P2P. And if you're not on mobile the service is that much more useless as there are dozens of established and trustworthy VPN services for minimal fees.
So assuming it's for mobile, I don't think you can have a 2/3/4G/LTE mesh network without using your providers towers and therefore calculating your bandwidth.
Also, they say Privatix exists and "Since 2015, more than 750,000 users have used this service."
So why ask for money? If it clealry works by now why ask for scammy ICO funds?
Granted I didn't read the whole whitepaper (I got dizzy after all the ICO bullshit) but it seems like it's nothing but another lazy and easy to use ERC20 plug and play useless cashgrab ICO token with some major premine as well.