I see what they are trying to do but I don’t see why staking a coin is necessary. You should be able to figure out what is a scam and what is sovereign through data.

Further, I don’t understand why Coinbase doesn’t leverage its flagship app instead of owning Toshi, Cipher, and funding this. How often does one use Coinbase? If you are a serious trader you are using their web site. You should be able to buy crypto and apply crypto to dapps in the same place.