Just hover through and forum and you'll see the different explanation as to why this is the type of project that you should avoid.
I've seen this project years ago and still now, it seems that they're still at the early stage. That's why you just stop doing some efforts on it if you ever feel that it's a worth project to take.
Because honestly, you're just wasting your time for this.
It's hard for a newbie in crypto to differentiate a shady project from a legit one and they easily believe on what is promised to them by the team. I guess the only way for them to wake up from the reality is when this project finally shuts down because they are also getting a lot of reports.
What they are doing there is wrong. They are fooling people that you can get rich on mining this token and then people will think this will be the next bitcoin but in exchange of this is that their privacy has been invaded because they are required to complete a KYC. I have a strong feeling that the people KYC are then going to be sold. Worst is if there are criminals who will got them and use them on their illegal deeds.
I doubt that this project will shutdown, the developers of it are enjoying the run of it and even look, there are exchanges that have ridden to the hype of this failed project.
They've copied the same name of this project and listed it on exchanges thinking that it's the actual project that have been listed. But no way, it's forever not going somewhere else but only to be as good as a project that have collected a lot of its users information but not going to be officially listed on any exchange.