Actually, this seems like a "patched" Bitconnect, wich can work , due to the fact that the reward is coming from  blocks, like you can really see from where the funds are coming for the holders, not "magic WallStreet employees who like making money for people".

I hope the dev realises that he can make a lot more by keeping this alive than exiting. Will be keeping a close eye on this. Keep up the good work.