This ICO seems to be a copy of Nexus which is very old (from 2015). Sending satellites into the space to secure the network.
A lot of ICO are just taking old ideas. But SpaceChain has his chance in the Crypto World.
Drawing comparison straight away with Nexus may be unfair.... Nexus is not only about Cubesats, they have 3D Block Chain and TAO framework.... working relationships with Vector and SpaceX
I could not find much information in the website other than "Space" part.... Team will need to care explain about the planned features or at least a WP, in today's world WP is required to attract new money.