Okay....I don't get it! I don't have a problem investing in new technologies but I just don't get this one at all. If I gave them my BTC, would it actually be an investment or just a donation? If the tokens aren't exchangeable and if they can buy them back at ICO price if they ever became valuable, where is my incentive? The way it reads is that my investment could either result in a negative ROI or a break even ROI. Somebody please explain why I should support this project....I'm an easy mark but I need something!
The only way your tokens increase in value is if the next tranch fetches a higher valuation. Of course, when it is traded on the exchange, the market has the final word on the valuation though. This whole crowdsale seems like a money grab to me. They even stated that their wallet only makes $300 per month, yet they value it at 10-100 million. You would make more from interest alone than investing in this project.