This project is a BitTorrent competitor running on Ethereum. Unlike BitTorrent, they had a really small ICO and has focused on the product instead of generating hype/buzz. Their Dapp is live and usable right now, basically you get incentivized to "seed" torrent files for the P2P file-sharing network. Reason I'm putting *Slightly Shady* is because of the team's pretty secretive identities.
Seems like the founder has since come public but the rest of the team is still hard to find out anything about them. They say it's because of the sensitive nature of the file-sharing industry, which makes sense to me. However after experiencing Confido and even Oyster Pearl have problems/exit-scams due to anonymous teams, I can't rate it a "Not Shady At All" in good conscience.