Sorry guys, but this project looks like a scam. HuffPost publication deleted, all others are just blog posts made in the last 10 days by some random authors.
IOTA team has been working on their platform since 2014, they're ahead of you, how you're going to compete with them?
Team said, they won't be competing with IOTA directly, and isn't going for $1.5B market cap. I would question any project's legitimacy who would say they could overthrow IOTA.
I still believe this project can capitalize on the market,in which IOTA maybe too troublesome for some users. I also think they can deliver some tangible product much quicker than IOTA because of its smaller scale. I'll see how the pre-sale goes