Let's start with the Wharton Brooks web site, then here's the background (in extreme detail!) to the phone's development. Here's the Indiegogo project homepage, which comes with a number of promo videos, for example this one:
The phone's not completely low end, but then neither is it a genuine mid-ranger, at least not for 2017. The basic specs are:
1.5 GHz Qualcomm® Snapdragon™ 617 octa-core processor with 550 MHz Adreno 405 GPU
Front Camera: 5.0MP with Auto-Focus with Dual LED Flash
3GB RAM 32GB ROM
WiFi: 802.11 a/b/g/n/ac
5” 1280x720 (294 ppi)
71.4 x 142.4 x 7.6mm
To this, add microUSB charging and data, which is something of a mis-step in 2017, not least because Continuum (supported by the Snapdragon 617) thus has to be 100% wireless, and that's going to be laggy, just as it is when trying to work this way on the Lumia 950 range. Given that smooth Continuum operation is touted as one of THE selling points of the phone, to not have a wired dock even a possibility seems a little crazy.
In terms of extra software, according to the back story, a life-blog style application is being crafted for inclusion, plus a tool for 'first responders', so there is some thought going into adding extra functions beyond what Microsoft provides.
Comments welcome - I have a horrible feeling that this project isn't going to get (anywhere near) funded. It does show hard it is to get a smartphone off the ground - for all the joking on podcasts about a 'Steve Litchfield phone' (or whatever), out in the real world, even with today's chipsets, it takes millions of dollars to get enough hardware made to begin to start selling it. While I wish Greg well, above, there's simply no way one person can initiate a project of this size without a seriously cool USP and some serious investors.