Not sure if the people in here fudding are genuinely concerened, have something against this coin/DEV, or just want to keep people out of the ico for better profits... Seems like a ton of FUD for some decent POD, features, and a great idea.
I can only speak for myself. I have nothing against this dev/coin specifically. It might be 100% legit and the dev might be great. My concern is that cryptoworld is full of scammers and ICOs make it incredibly easy for them. We finally got to a point where 5% premine was not accepted anymore, with ICOs we can potentially have a premine of unknown quantity via buys from devs/friends. That's all.
I would prefer a system where 10% or so of the coins are sold via ICO and then a mining tax is introduced to fund the project longterm. That way the devs would only get paid (except for the smallish ICO) if they delivered. 100% ICOs are problematic.
I seriously wish everyone success who is buying into the IPO.