This project seems to be a cash grab.
The fact that the company is registered in Singapore and all the team members are in Australia means no one can really chase them up in case anything goes wrong.
Their telegram group is 100K and full of fake accounts.
How can you have 100k members but only 1300 people watched your video and only 10+ download of your app?
There is no indication or proof of the initial 1mil private investors.
You can check who are those private investors, pretty sure team already gave the names here before.