I don't think the team is acting honest.
They could have set a soft cap and just return investors money.
Now after months they are still trying to figüre out what to do which comes after months of silence.
I still remember they said:
That is all so far. Please be patient. We will update you weekly / biweekly with our progress from now on, so that you are close to the things that we do at Nametoken.
I'm not seeing any progress so far and the communication (or lack thereof) is frightening to be honest. I would love for this project to succeed but all the signs are pointing in a different direction.
I even said weeks ago that I can't see how this project is meant to go forward and it seems my expectations turn out to be true. So often the same shit with such guys.