This project is dodgy AF. So first off, their website hasn't been working for the past 2 days. Yes, I get it that it's on IPFS, but I feel that projects should have both a web 2.0 presence and an IPFS/Onion site. Not many people know how to use IPFS, so they need to have a public facing site to get the word out about their project. This is just bad marketing. They may also be hosting their site on IPFS to appear private.
Second, Vitalik contributed 100 ETH to the project. That's the gigantic red flag right there. Vitalik doesn't care about privacy and Ethereum is one of the worst projects in crypto.
Which brings me to the third point, this is running on Ethereum. I've said it before and I'll say it again, you cannot run a privacy project on Ethereum because data will always get leaked by using ETH.
From purely a trading standpoint, this might be a good trade. You have a big name backing a small project. But I wouldn't touch it. Show Less