Not a scam per say.. But more like big headed wishful thinking.
Maybe it will work. Maybe not. It looks like someone has spent a lot of time and effort on it that's for sure.
Even if it does work I can't say that I really like the idea all that much. To 'central bankish' for my tastes..
I want a currency that is more anonymous and people powdered. not managed by some "community" of developers.
No matter what happens I will continue pushing other Alt-coins..