As far as I can tell from the Indiegogo video, Amino appears to be a simple bioreactor that includes competent cells + some sort of plasmid to express genes related to bioluminescence -- am I missing anything else? Pretty compact and neat; I would have loved to play with one of these as a child.
Static analysis, in other words. Enumerating badness. Schneier would not be pleased.
I wouldn't put it past someone to create a mold with a complex life-cycle which eventually enters a form that secretes cocaine.
I'm in love with biohacking and trying to start a biohackerspace myself in my city, but if we're reaching the level of actually making modifications to organisms at home, we really need to have a serious talk about it. Life is not a toy, it's self-replicating nanotech that's literally capable of killing people at scale.