I don't know how successful this kind of ICO's but it looks like its very different kind of project. We all know that there are a lot of scams ICO lately, and this kind of project could somehow mitigate the risk of you investing in a scam. I'm sure that its has a good motive so most likely it can gain a traction in the community. Let's see how it goes it this project could really succeed on its own. I like the idea of really of understanding the Whitepaper, because usually this is the first sign that a project is a scam. If they can read between the lines, they can advise they clients not to invest on that portfolio based on the Whitepaper alone.
“Our view is that organizations such as Picolo Research and Astronaut need to be established to critique the merits of upcoming ICOs to ensure that the blockchain ecosystem is not tainted by those who are taking advantage of it for personal financial gain.”