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CarVertical. Scam or something to look forward to ?

CarVertical is a crypto startup self-advertised as "World’s First Global & Decentralized Car History Registry Built on Blockchain" based on Ethereum. It has recently hit it's hard cap of 15050 ETH investment from many eager investors which is around 12,722,140.84 US dollars as of Feb 13th. This sum is not a small one, but after we saw so many startups going rogue and stealing the investors money, is CarVertical going to keep it's promise and really develop a platform which would change our lives, or are we putting too much trust into a new technology? Are we pioneers like the Wright Brothers or we are trying to go for the sun like Icarus did and fail because of our overconfidence? I think we shall wait and see, I suggest you keep an eye on its development.
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