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What is the purpose of this bike?! Not cussing it was just thinking ... why? Or is it more a case of why not.
etcdaman-
The short answer seems to be for travel and for goofy fun. VO explained some of the original reasoning here: https://velo-orange.blogspot.com/2018/10/introducing-new-velo-orange-small.html
Given how fun Raleigh Twentys and the like are to ride, I bet this is a blast. If I had the money I'd be all over it.
trigs
Velo Orange Neutrino. The hipsters cannondale hooligan
(Seems expensive, but I guess it is also a really lovely do most things bike)
https://www.ebay.co.uk/itm/274793735923