Interesting concept. I have a LOT of questions. I am going to start with the most pressing ones.
Where do the invite tokens actually come from? It seems like I need an invite token to actually activate my wallet. Though it seems like the key generation was actually done before receiving the token -- at least I got my seed already. Are these tokens coming from the Merit foundation? If so, isn't that a tad centralized?
How long has this project been in development? The roadmap says that the first release was December 2017, but I see 30k commits on Github. When did you actually BEGIN development?