I'm also interested in this project but would like to know more about this, too. For now, it's hanging over the endeavor and giving me pause.
Additionally, I have a few other concerns. There seems to be no whitepaper or roadmap at the Cobinhood web site. Also, no explanation as to what purpose the coin serves.
Additionally, the project seems hard to contact outside of Twitter. For example, the link for "Contact Us" on the web site doesn't seem to go anywhere; same for the fly-out menu when logged in to the exchange. (Is it just me?)
I inquired about these topics with Cobinhood via Twitter DM and they person who (eventaully) responded ignored the primary questions (white paper, roadmap, coin purpose) and simply told me I was wrong and the "Contact Us" links do work. (Again, is it just me, or are others finding this as well?)
I had to prod them multiple times for answers regarding the primary questions--a brief explanation of the coin was finally provided, but regarding the white paper and roadmap they brushed it off by saying it's just not available now.
After some digging around (Google, forums) I was also able to find some information about these subjects. But it seems odd the project isn't more forthcoming about it when they easily could be right on their site. And they just seem kind of evasive when directly asked about things.
Combined with the "sketchy" report referenced above, I just get a bad vibe about this project. I want to believe in it, but they're not making it easy. It could be they are simply overwhelmed, or inexperienced or inept. But if the concern about scamming were at least put to bed, I'd feel better about it all.