quite frankly I wouldn't go into this ipo before having tried a test version of the wallet... (very innovative... a bit too innovative...should be careful.... )
Nothing to be careful about really is all in escrow so the dev dont get any access to funds so all should be well imo...
Also this is nice idea because since it pos only and multipool this would make sure the coin price doesnt hit rock bottom! Also with ipo you will have only a small number of coins on makret for first year which will keep price high imo and also the price will keep rising because of multipool. POS on steroids imo..