Sure, Chronobank looks more like a scam. Especially if you noticed it has been created by russians.
Foolish investors will lose their investments.
Where do you get yout information about the development team, Chronobank is an Australian governement and I don't think any VC would invested $1 million in a scam project. The ICO lasted more than 2 months and if it is a scam someone would have find them out.
we really can't say it yet just ended with the ico so next would be the distribution and how much would be the price after its launch to any exchange but looking to its funding thy gather a big investment serious dev can develop more coming from that amount, lets look for the best and wait if how they can achieve success.