It is a project with huge potential for successful and genuine establishment of the next generation of IoT infrastructure. A highly skilled team with innovative technological concepts and favorable industrial connections makes it very likely to succeed, but it is seen as a common risk when investing in projects at an early stage.
It provides a solution to a huge problem of IoT, considering the market capitalization is still relatively low, it is underestimated in my opinion, especially if we consider important issues such as team background, potential target market and partnership.