Here is a brief incomplete summary of the shittiness of this shitcoin.

1) A massive premine. The signature of people who don't quite get what coins are about.

2) An NGO mentality. The signature of people who want to get paid for appearing to do something great that they are not actually doing. If you strip away the charming words like "governance", "progressive", etc, all that is left is bullshit.

3) Airdrop. A cheap way to buy allies, bribe strangers. A reputable crowd would not throw dollar bills. You can justify it by saying "xyz coin did it", but it bodes poorly for the coin.

4) Zero substantial innovation, beyond fluff stuff. The coin really adds nothing useful. It only claims to, in very eloquent language.

5) The one, single, only thing that gives the project some credibility is the list of projects that some of those devs were involved in. It looks like some of them were involved in big projects in the past. This coin will continuously need a massive inflow of money to keep it looking shiny to investors and the public. At some point, as more coins are mined, the expense will exceed the return and the house of cards will fall.