I understand that this is the creation of a kind of court that will allow you to invest in a project, with insurance. The idea is new, which has every chance of success.
It's a bit different: it is an on-chain governance mechanism that protects token holders against scams and bad project execution. There is the figure of "Arbiter" (the decentralized community of CGS Arbiters) that are in charge of resolving disputes between ICO launchers and ICO token holders.
I recommend you to check out the
whitepaper or
lightpaper to get a full understanding of the project!
Let us know your thoughts!