It's very rushed because he's afraid he wont be first, and all other concerns are ignored or downplayed.
I agree and can understand the thinking also (I rushed to get CIYAM Open online well before I was really ready although I didn't ask for any investment).
Hopefully he will take his time and work out a more considered path forward (am still interested somewhat in the concept although I don't really like the idea of creating "dust" tx's that can never be spent).