I highlighted in first place, the whole process of using one coin and then re-issuing another coin based on same is not a good idea and highlight the greed of devs. Moreover developers keep doing the same thing multiple times, again and again. This process is not for funding the project its for cheating people and getting money from them  as they know this has been successful before and so it will be in future.

Moreover with Whales (belonging to NXT team) buying over all ICO tokens and apart from that  50% of entire project tokens Devs are keeping with themselves,  they will just dump all this IGNIS on poor traders who will be busy buying it in hope of getting rise and profit.