You joke? Adversiting and success of this project requires a huge skills!
If you said, that its only simple application - it dont cost anything (1-2k usd max, not 5 millions)
And now, look a team.
First of all - they are russian, but they wrote, that they are from Czech Republic.
Also, all of them working only in some "counsalting" and no more.
Also, first of them also have some website, but it seems site not work anymore.
Idea is interesting, but this idea a copy from Localbitcoin. But team dont have any skills.
I can tell base on your statement that you didn't do your own research, didn't read the whitepaper and didn't know that they are going to compete against Localbitcoins