That is highly promoted project and it is highly recommended for the long term. I do believe it is not a scam.
These guys are doing a great job to provide the sufficient product quality so let's give 'em a chance.
No, they are NOT doing a great job. Please stop parroting the schill-speak you see on the Facebook page.
A great job = regular updates, not just waffling about Hacker One.
A great job = clear accounting of how they are using the 80 million ++ they raised (40 million in BTC and ETH, which have both exploded in value since the ICO)
A great job = tell us what went wrong and specific details about how they are fixing it (or planning to fix it) so it doesn't happen again.
A great job = addressing questions about how the 'mobile mining' app will work, exactly, and giving us a few more details beyond "It's going to be revolutionary"
And they have had a chance. A whole 6 weeks' worth.