This was most probably a scam. You'll never hear anything about these guys anymore. Hope people didn't fall into the trap.
But the whitepaper was really funny to read. Complete non sense for each sentence. I had a good laugh
For example, this one which is just randomly found in the white paper (page 10). Check how nonsense is this:
Freedom & Flexibility
One of the general advantages for a decentralized and distributed system is that rather than consolidating freedom and flexibility of actions to the whims of a single, central agent, it allots those qualities to all agents participating in the system.
One of the general advantages of using a decentralized and distributed system is a lot more flexible and secure transactions. either you are living in one region or a travelling person. Using the blockchain based decentralized system drives you a craziness. There are several artificial intelligence (AI) based blockchain system which consistently improves itself by learning from the behaviour of users.
In short the Blockchain based distributed systems are more independent and decentralized to give you a total freedom over your transactions.Funny and crazy that you can publish such rubish without nobody noticing anything.
Well I hope these guys will finish in prison if they stole money from people...
