There is a fork coming in just less than 20 days from now, and they are expecting to rise more than 500 million dollars? it is insane, ico's are not even raising 4/10 of what they used to raise in the old times. Maybe the most succesfull ones are raising 100 million dollars, not more.
People is not investing in there anymore, only those who are newbies on the market are doing it.
And 500m for a new exchange? it is insane, it is not usefull, it is an useless project.
It just tells us they are looking for easy money, if they expect to raise 500m they are clearly out of touch with the crypto scene.