do you think this team from Standford University with MBA, PhD degree are ruining their reputation just to build a shitty scam app?
You have no idea, someone with low educational level will create random scam websites, but if they are graduated from standford we expect them to be more creative for their purpose. Educating in university won't change the personality. There are highly educated and also some illiterate scammers, they both have their own ways.
The reason why I said this can be a malware in the first place is the application asking user to execute it every 24 hours. This is exactly what a malware need because the process will be killed usually by random defenders/OS and needs to be executed again. Also, stealers usually stay quiet in your phone and just collect the information, what they need? to be execute periodically to upload the collected information.
After all I said even if it's not malware, we understood they are making income by ads secretly without of saying anything about it.
I downloaded this app when it was launched. Upon looking at your thread, I am convinced that it is scam. Yet, I don't want to accuse them without their launch in exchange. Who knows? Even the impossible mission in going to the moon was did by humans. But this is a good thread so that other users may warn in case all allegations are true.