I think the project has some legs, I don't for one minute think it will replace Eth, but then again it's fairly clear from the teams response that's not their aim.

It's a strong team, with a good history and the whitepaper has some interesting ideas. There's a long way to go but it certainly seems worth an investment I think. It's a risk, but the price reflects that.

The first two big tests will be getting the testnet online which is apparently Q2 this year and then of they can get the mainnet out in Q4 as planned.