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The more I read about #TheBadSpace, the less I can understand people falling for it. How is it not obvious that it's a scam?

People who were sincere about trying to establish themselves as a trustworthy source of who should be blocked would not source their data from low quality sources without at least some effort to clean it up first. Their plan seems to be to make a splash first then develop a functional product or service later because you can't develop that service without funding and you can't get funding without a mock up that tricks uninformed people into thinking you're further along than you actually are. It's just Theranos or any of a million other tech bro start ups.