Looks interesting. We have to wait and see what it is once it's launched. All we have now is promises and a lot of text.
I skipped through the docs and found one concerning thing regarding funding:
Subvert has raised $650,000 in investment from community members [...]
Our Investors: Garry Elevator (John Garry) Supporter-Member, Brooklyn - $600,000
They've raised 650k, but 600k comes from one source. That has the potential to create a weird power dynamic.