What do you guys think of SAFEX?

I've been watching it the last couple of weeks. A few youtubers were acused of P&D and pre buying after titles like "SAFEX THE NEXT TO JUMP %1000!" and it scared a lot of people away.

But... That was at $.0058. It has been climbing pretty steadily the last few days.

The devs seem to be very dedicated, and are launching a website and wallet early august.

Any thoughts?