I'm looking forward to seeing the website. It will be an indicator of legitimacy but what about testnet?
There hasn't been further mention of the faucet either. The timeline looks extremely optimistic if the project is indeed real
And finally, can the devs confirm that they moved a portion of the donations from the nano wallet. This would be contrary to their earlier statement

As much as I'd like to be optimistic about this project, it feels like a scam to me.
WISP was a recent coin aiming to do the exact same - Raiblocks + Privacy and as of yesterday they did an exact scam. It's true the developers have not touched any of the donations as of today but there's hardly anything in them and that doesn't mean they won't
WISP - They too were looking for donations before releasing anything of substance to the community. They exit scammed 2 days before the release of their 'simple whitepaper'.
If this were truly a project in the spirit of XRB (now Nano) and Colin, he certainly did not go about it in this manner, yo can even check the old threads.
I want to be a believer in this project but I certainly won't be donating until I see more substance but when I do I will for sure buy into an ICO or whatever
Just my $0.02