The one admonishing this dev as only crypto-toilet paper would be, is names Adressen, Gavin Andressen. Look him up...
Can you link that? I've looked through the commits for this coin. I've checked out a lot the development. All development here has been top notch. It looks to have had some ICOs, and maybe the funds were not carefully handled. That happens in all ventures. But the business dealings of the developers are of no concern to me.
I look at coin itself and the actual code. I look at maintenance. I don't really care if someone lost some money on a coin. That's not what gives it value.
Among alts, I have found only a few that are in this class. Some are better, yes, but VIA should be a top 30 market cap at least, going purely by features and development.
A shitcoin doesn't work as a coin. A shitcoin isn't even the same as a coin that has nothing to offer.
From everything I've found about this coin, it is in neither of the above categories. I know that investors are important, but I also know that it's the coin that makes the value.
May 28th...
What you have found about this coin is the answer to some of your personal preferences. Truth is that it doesn't have a single thing that is not wide available in dozens of other projects with much betyter development, trajectory and future.
But hey, it's your money; you get to decide to which crypto-clown you give it.