I think that this project solves a problem that cannot be solved in this way.
The massive energy consumption of bitcoin mining is not a thing that the bitcoin code demands, you see.
Consensus and the same blocktimes could be achieved with far less energy consumption, it is the miners who are having an arms race to get more bitcoin profits, who drive up the energy consumption.

So how does one solve the problem of human greed?
I do not see the answer in this project and therefore am skeptical.
It says "Masternode Mining" in the first post but still PoW and that is more confusing than enlightening. Just my 50 sats on this thread.