a white paper is not a project .. just yet
i will 100% take a look though, as it does sound interesting.
I suggest you do the same with QRL.. as unlike the one you directed me to, this one is actually going live in Sep/Oct and is the first of its kind to actually reach that point
QRL is not "ICO shitcoin/cashgrab/gambling BS" . spend some time on it.. I did. you might end up happy you did. I am!
Every single ERC-20 tokens are lazy cashgrabs scams. There's literally zero reasons to start a project with the stink of being a noob-friendly plug-and-play coin with the stench of all the failed(/or intended scam) ICOs coming from ERC-20 tokens.
If the devs are confident in their projects they should fund it themselves or find outside investors. Otherwise you get a centralization of funds which goes against everything that crypto stand for - simple as that.
You might be happy but you sure as shit don't care about what crypto is all and simply speaking you're just a gambler looking for a quick cashgrab. There's nothing wrong with gambling - as long as you're honest about it but ERC-20 token "investors" (e.g. gamblers) are generally lazy and intend to take huge risks in the hopes of high returns completely ignoring the idea of cryptos.