LendEra Upcoming New ICO

Hello steemit. This will be a simple and short post.
I have recently found this company and I believe it is noteworthy to share it's details. Here is their website: https://lendera.io/#

The whitepaper for this coin can also be found here: https://lendera.io/whitepaper.pdf

There will be 6 rounds of the ICO with a mini ico starting very soon.

Here below are some information about the coin:
Coin Name: LendEra
Abbreviations: LEC
Block Time: 2 Minutes
Decimals: 8
Block Size: 400KB
Hybrid Algorithm(PoW/PoS): SHA-256 PoW
Block Mining Reward: 4 Coins
Premined Coins: 8,000,000 (8 million)
Max Supply: 16,000,000 (16 million)
Block Halving: Every 1,000,000 Block
Pre-Coin Initial Toke Type: WAVES Token

And the ICO:
Pre-Sale Round 1: Exclusive Round for Promoting team of LendEra as part of our appreciation for their effort, at the price of the first round $0.85, with total Distribution Amount: 160,000 LEC.
Mini ICO: A Round was designed exclusively for investors with a low budget at the price of the final round $1.05, Distribution Amount: 100,000 LEC.
Round 1 Price: $0.85 Distribution Amount: 800,000 LEC.
Round 2 Price: $0.90 Distribution Amount: 1,000,000 LEC.
Round 3 Price: $0.95 Distribution Amount: 1,200,000 LEC.
Round 4 Price: $1.00 Distribution Amount: 1,400,000 LEC.
Round 5 Price: $1.05 Distribution Amount: 1,600,000 LEC.

I believe this information from their whitepaper is also important to mention:
'... To make everything clear for users who are not familiar with tokenized ICOs, during the ICO period we are releasing Tokens, not Coins. Due to security risks, LendEra will issue their coin at a later time as detailed in the Roadmap. Our goal is to transition from a Token to a Coin so that LEC and be mined. We understand there will challenge in the beginning to motivate miners to mine our coin. Motivation will come when the value of the LendEra token has dramatically appreciated over time. However, the security benefits are too high to ignore switching from a token to coin.'

Something about Airdrops:
'We have set a plan to execute an Airdrop within few months after the ICO ends. We are airdropping 100 LendEra Dollars for each LEC Lent to our lending platform for more than 45 days. The $LEC is a unique Cryptocurrency, and it’s centralized, which means it’s pegged to USD & LEC together, as follow: We guarantee a lending value of $1.00 for each LendEra Dollar will be lent to our platform. We are also adding a function upon the airdrop to our platform that will let users exchange their $LEC instantly through our platform with 1 USD, worth of LendEra Coin.'

And their goal: $451 by 4/2019. (Do you think this is possible?)
'We are going to start the controlled lending appreciation on April first, at the market price if it was above $2, and if it was below $2, we are going to appreciate LEC for $2, and start increase that appreciation with 1.5% on daily bases, for 365 days, please review the chart below for better understanding:

If you are interesting in signing up, you may use my referral link however you are in no ways obligated to use it. I am new to this so please do your own research as well :)
https://lendera.io/register.php?id=awildlulu

What are your thoughts?

• I realize I have missed the mention of wallets but Lendera plans to allow mining so there will be a desktop wallet in the future. There is a lot of good info on their whitepaper which may answer some initial questions of whether or not to believe they are a scam or a legitimate coin with a strong dev team and vision. I personally cannot know for sure but from the effort they have put in so far, they do sorta appear legitimate.