Is this a Chinese team project? The panda's icon is too representative, this project is to develop into a local ether?
The guy on the right worked as a Jr. for localbitcoins in finland, then left, not a great move to launch a competing platform, but, hey,whatever (source - worked with him).
They don't seem to like FOSS too much, too. And the guy looks like Chinese a bit (a little bit only).
Their whole business model is meticulously copied from LocalBitcoins, and they even feature a chart with LBTC profits on their website. So no surprises that one guy they have comes from there.
The fee is really lowest among what we have now, however they are still largely in beta, but the project and token growth prospective are top-notch, considering they sell for 0.2 on presale