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Ill agree with that, but this is a crypto coin if i am not mistaken. Hense, a crypto start up.
Makes no sense to offer 5% at dirt cheap just to get the ball rolling for a second crowdfund when they supposedly have strong backers with deep pockets.

It makes perfect sense if they want to have an mvp before asking for real large money invested...
In fact id argue that this is far better than most crypto projects, which ask for all funding up front without anything but a whitepaper to show for it.

The crowdfund for the deep pockets and the financial elite will be held February 9th. This is an alpha-crowdfund :)