If it's not relative to anything, than the word "fast" doesn't have much meaning.
And it must be OK to claim "fast" as a goal, from the early stages of a project, even before it may be possible to create any meaningful benchmarks. As long as it's discernable for the intended audience the precise stage of development or maturity the project is currently at. Which, I believe, the project in question is communicating just fine ("still in early development").