Kicking off with good news:
Successful Seed fundraising, $5M, evolving community, App seems to be running on beta version.
List of VCs give initial confidence that the team is onto something big, at least by looking at the deck it gives an impression that this is a stellar team taking on Derivatives that is admirable and yet have not seen answer how they will compete with existing and successful players.
The name of the game in this project you have no liquidity, you have nothing
Innovations matter, however when they are not adopted, they are useless, maybe too early to judge?
Social Media:
Telegram looks active and moderators seem to be doing good job Medium is active with all updates and announcements Twitter is primarily hyping tool to give away stable coins, listing accolades
Bad news:
3% to public sale looks bad personally to me, existing investors as well partners could potentially dump their tokens.
Absence of social media for founding team members, be it their twitter or linkedin, and yet they succeeded in getting funded, if i were the one asking for a capital i would show all my cards and social media during the ask, who knows, maybe team`s cutting edge innovation is indeed a big deal?
Deck looks a bit wordy, with a focus on product and investors, no tractions, no partnerships, no roadmap, no competitive analysis Show Less
1
