There was no ICO..it was a Fair Launch....No premine, no instamine..it had a short period of mining then switched to Proof of stake..then the Devs after lots of proof of concept ideas and exploring different options they decided to do a coin swap and switch to an ether based code..but they did some modifications..


the dev team is very active..in fact I believe later today the first token will be added to the UBQ chain...
they have long term plans to be a stable platform for people to build on..

As for Polo  add...yes in due time

this is a serious long term project. best way to learn more is to head over to the slack..  http://slack.ubiqsmart.com/