True but I am sure that they have enough talent and experience to be a better project. You should check more information about them and about the project. Self-mining smart-contract is a coin of the future.
I have already read a lot of information about evencoin. I guess I still have many questions because I am a newbie in this industry and I cant jump to conclusions. I want to be really sure about the project before investing some money in it.
I consider that it is a correct policy for starters but you need to be open-minded also. If you think about some project for too long, you could lose the chance to get high profits. Just think about it.