Did you take a moment to understand why they are doing this with a coin, or are you just anti-crypto-coins altogether?
They're promoting a security [1]. If a company can't bother with the law, I distrust their claims around privacy.
Also, if you're doing on-device AI, you have a natural business model: sell the device. (Maybe also subscriptions.) Adding in a token creates conflicts of interests.
[1] https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_co...