Are you really surprised that Alon Muroch ran with the money?
Did no one check his previous crypto project the well known GETGEMS scam?
GG was little more than a white paper used to raise funds that were quickly embezzled to a non-crypto project called PayKey. Alon was lead developer of both.
Same story will unfold: They will spend a tiny fraction of resources developing CoinDash so they can pocket most of the cash. It will fail, theyll call it a day, and youll see them soon enough pitching their next scam.
You keep giving them money; they cant stop taking it.