They have a lot of obviously fake quotes from non-existent people at positions that don’t even mention what company it is. The pictures are misgendered and even contain pictures of kids.
Feels like the whole page is AI generated.
So, arguably worse than MinIO.
This is not that. This is not even a license. They want a full transfer of intellectual property ownership. Sure that enables them to use it in a commercial product, but it also enables them to sue if contributors contribute similarly to other projects. Obviously that would create a shit storm, and there is an exception with the public license, but riddle me this: can you legally make similar contributions to multiple projects that have this type of CLA?
Let us take a step back and instead look where such terms are more common: employment contracts.
Whether you can or will sign one is a different matter (I will not).
You don't need assignment to the project if you are not planning to change project's license.
You do need assignment to the project if you need to ever rugpull the community and close the code
The number of weird incompetent things the Minio people have done is surprisingly high.