Electroneum ICO crowfunding

Hello crypto mates!
What you think guys about the new crowfunding “ICO” for the upcoming Electroneum ETN?
Fake? Good investment?
Thank you in advance for your replies!

A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game) is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading.

You mean that every BTC invested on that ICO will be lost or stolen by the creator of eletroneum?
In other words… each investor on that ICO will lose every BTC donated?
Im a begginer on that crypto world experience and i followed a friend of mine that is not very experienced either, and I donated to that project all my BTC, what you think is gonna happen with my BTC? what I should do from now on? any advice or some tips I should follow to lose as less as possible?
Thank you again crypto mates!!