Right away I find it upsetting they use the word "investor" in their promotional video. You are buying a token without any equity in the company, so I dont like there start already.
Let me continue diving in....
It doesnt sound like something I would buy tbh, because its like "Buy my token, and it will increase because we are profitable" However, you dont get an equity in the company, and so their profitability doesn't make a whole lot of sense to trickle down to a token holder. Yeah you can vote and thats cool, but this seems like another coin trying to pray on people that wanna be "entrepreneur investors". It really doesnt make a whole lot of sense for me to buy into it, and its not something I would recommend. You cant use the token for anything, from what I understand. And I read about 10 minutes of the whitepaper. I saw all the Karma stuff, and it doesnt look very good to me. I am more interested in tokens/coins/projects that are going to change the world. That doesnt seem world changing to me.
Thanks a lot for giving your advice there. I agree with everything you've said and I hadn't really stopped to consider all of those things initially. If I were to say 1 good thing about them, I was watching one video where the dev team did a bit of a q&a, and they implemented that they were interested most in investing in ICO's that were going to change the world in positive wat. Still, I think your right and I can see problems arising in the future, I'll probably think twice now and just keep an eye on what they are doing.