The idea of effective treasury management through a special robust platform is still needed by the market so Fyde matches the problem. Pretty consistent and meaningful posting on social networks providing a comprehensive view of asset management. The Fyde team boasts a solid core group with the necessary background and expertise that aligns with the FYDE concept(according to LinkedIn and 2min search).
But:
- Not enough info in their deck and socials about their exact steps in developing the platform;
- The team mentioned 2 tokens( wonder to hear from them what was the need to divide 'utility' into 2 separate tokens) but no important info about the token structure;
- No clear explanation of how they are going to capture other protocols and how they are going to convince others that their funds are SAFU(not enough tech info actually)
Based on the First Impression Fyde is a good solution for the market. However, there is a notable absence of crucial information that is usually of interest to both МС and clients/users. Show Less