This appears to be a real local memory tool, but it needs review because it persistently stores conversation data and runs local/server and dependency code with limited guardrails.
Install only if you are comfortable with a local service storing conversation history on disk and with the setup process downloading and executing dependencies. Review the installer, pin the source before use, restrict access to localhost, disable or gate auto-start/background behavior if unwanted, and avoid storing secrets or regulated data unless you add your own retention and deletion controls.