It is a crowd funding group, you can actually call directly to SEC and they have no nay or yay about it as it is not required to be registered with SEC, it's not trading, rather it is crowd funding. 

Did you see the prices for each contracts, they are referred to as smart contracts, basically giving right to earn ethereum commission. 

Not sure how this will be depreciated, it is definitely an asset, but how to depreciate is the question.

Thanks