Hmmm... Ill read the whitepaper carefully.  I have a feeling of ''Déjà vu" that turned out as a disguised ponzi scam. ( GAWMiners )

There is only a 3d photoshop of the actual ''mining center''. They could simply keep the fund and invent mining rigs, but making payouts at a blockchain rates, to give a big boost into value for the two first months after ico, and then going to crash.

Or,

They could actually implent a mining company.

But seriously, 50 years contract ? Lol, nah.