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.
I'd say tokenized assets have some potential very positive use cases, but agree completely that almost all iCOs are going to be cashgrab vaporware. I foresee the coming ICO floppening as the dotcom bubble of crypto.
At least those who invested wisely in that bubble could've still made tons of money in the early 21st century when the industry caught up.