Without question this is a horrible idea. The ICO model is extremely greedy and development is focused on ideas that will not work.
something all these icos have in common because if you had something that would work you would release it without presale because that would be the road to success, everyone knows that. So ICO = scam or broken product by default
Not 99% but 100% of icos are cashgrabs but most you people only notice when quality is through the basement already.
I just very quickly look over the text. "Premine 64%" it hurts my eyes. If i would see something like that i'd close the tab in less than a second.