I have not played there, but I did some research. Their homepage say "copyright 2024", and there is no information about them being part of some network. So apparently its a brand new site. They are not (yet) tracked by PokerScout, and there are no independant reviews expect for 4 reviews on Trustpilot, 3 of which are negative.
As for the first deposit bonus, pretty much all sites have such offers, and they always come with a wagering requirement. In order to release $10 of bonus you typically need to pay $40-50 in rake. Which also mean, that it does not really matter, if the bonus is 100%, 200% or 1000%. Because unless you gamble wildly and get lucky, or make additional deposits, you are not going to clear it, before it expires.
So to sum it up I would stay away from this site, until its a bit more established. It might be perfectly fine and the future industry leader. But it might also become another failed start-up. And with so many established sites available, I just dont see any compelling reason to run a risk by joining a completely new site.