And other things about the project are also concerning me:
It uses Qt for UI, while modern browsers can draw UI with their own engines. A redundant dependency which also will harm modularity and embeddablity.
Modern browsers have complexity of operating systems. It's just a waste of resources to build an independent browser from scratch, but not to make the engine reusable.
This is a poor choice.
The other things: It's so independent (from google), but already got sponsorship and changed the landing page to a typical landing of a startup. This independence is populism. Just enough one for feeding their adepts with promises. I won't be surprised of possible advertisement integrations made "for maintaining independence".