From my point of view kucoin is a good exchange which often lists only good projects.
But it should also be remembered that they do not think twice before delisting.
If the kucoin team don't get the trading volume as per their requirement, they could delist it any time
Anyway,
If you want to know more about the pirate coin, then here is it's the announcement thread link: https://bitcointalksearch.org/topic/annpirate-chainarrr-a-zk-snarks-only-blockchain-secured-by-dpow-4979549
I think this project is fine, some projects work slowly, it also suffers from it and it is listed on kucoin exchange will be a good project. And not every coin performs in the bull run. There are some coins that perform after the bull run and we can call them long race horses. And maybe that's one of those plans.