Complete shit.
"Founders" know shit about natural languages, so they suppose, that editing a machine translation would be easier than to create the real translation from the scratch.
There is no way to create a cake (a natural language act) from the shit (computer-generated garbage), even if it was the cake before.
To do a translation "online" is pretty naive notion of the translator's work. Haste makes waste: It is a highly expert profession, which requires (rare) experience and (exhaustive) concentration. You completely ignore the fact that - if you ever get something like this up and running - mainly beggars, morons and people intent on doing harm will post their pseudo-translations and your AI will do nothing against that. In your naivety, you won't even be able to begin to find a way to filter out this drivel - even when someone (like I am right now) informs you of the problem.
Because it's not like pulling money out of lazy tourists.
You've invented an excuse for yet another useless cryptocurrency project, and you're going to harass other suckers with it until your laziness gets the better of you.
This is only about a hundredth of the problems you would have to overcome on the way to this naively set goal, so you greedy psychopaths better just give it up and go back to your original professions.
Maybe I'm wrong and you're not psychopaths. Maybe you are just naive children raised by social media spy networks, who are led to believe that the problem of mindfulness (attention to subtext) is merely a technical problem that can be solved by technical means. Either way, your project is doomed to fail because you consider translations to be mere data manipulation job.