From where I stand the whole thing seems a little shady, a little unprofessional, scam-ish. They are selling 1,000,000 EBQ but at the same time it is a minable coin (PoW) as said in their paper so that means neither the mining or the network are decentralized or who knows maybe there's something I mssed. The prices they have are increasing by the tranch so that in a way forces people to get in as early as possible also the coins are non-refundable.

Anything can happen until the end of the ICO and keep in mind that there are going to be 22 million EBQ after all of them are mined, at the end of the first year the devs will have over 1,000,000 EBQ themselves from mining alone, mining which probably they control. This way they will have all the power over supply (or almost all of it) so that means they would control the price.

You can risk your money but to me it looks like it is either a scam or they simply didn't explain properly how all of this is gonna unravel, what are they going to do with the rest of 21 million minable EBQ, will people be able to mine, will they control it?