"they" developed something that true. but nobody uses it.
why nobody uses it, because their product ha no benefit or because there is already a similiar product and what they have is not better than existing
-snip-they just sell snm on binance.
end of the story.
Can we say that this project team is scammer? sold all they have and running with money from sell token on Binance and also from ICO's. Community or bag holder can take over this, but they may also have given up on this token.