In case you couldn't tell by looking it over, this here is just a concept bike-- a grossly impractical one at that. Nothing about the bike looks particularly safe or functional. Besides the fact that there are at least four different joints that look like they'd crack under the slightest amount of force, the way the frame so closely wraps around the tires is sure to cause rubbing in a hurry--a little bit of a untrue tire and you'd have all kinds of problems. And let's not even get started on the spokeless rims.
Basically, this bike is going for looks and wow factor over practicality and usability--if there are any doubts, spend a little time looking for the brakes. In that way, it's a big success. The bike definitely takes the familiar and makes something new and interesting. As much as we'd avoid riding it, we love to look it over.
The design, brought to us by Peter Dudas, envisions a carbon-based frame sprayed down in understated matte black. Near as we can tell, the bike uses some kind of an internal gearing mechanism to keep the wheels moving.
So long as you can forgive the gaping engineering problems, of which there are many, this bike is an interesting concept. It would make a beautiful decoration for anyone that had several thousand dollars (carbon ain't cheap) to spend on a non-functional accent bike.