Can you ask the team about their relationship with BitcoinHD? it seems like both of LTCHD and BTCHD are the same, from their technical in using cPoC and the same template on their website. it could not be a coincidence, right?
why did they create a new project without improving the slightest thing? why do not they develop an existing one instead of creating a new one?
it is going to be a waste of time and money because nobody wants to participate in the IEO for now.
Your question is interesting and I would love to know their response to that, But I think that the statement about nobody wants to participate in IEO is far from the truth from my experience atleast as I have very hard time trying all my best to get some coins/token in different IEO on different exchange