They target 2-4% APY, unfortunately that's below inflation rate, so I was hoping to see better returns, but at least it's not 0%. I am working on a similar solution because I think it's critical for web3 companies to actively manage their treasury in a sustainable manner. Typically in the tech world, companies raise for 12 to 18 months of runway before they need to raise again. In the web3 world it's not uncommon for project to raise only once to sustain their entire lifespan, which means it's critical not to keep money in a bank account in US currency that suffer devaluation every year.

They are targeting a maximum of 99 clients that will allocate a maximum of $50M each, I was hoping to see this project being more open to the masses, but I understand the appeal to target only large institutional clients, but in this case why build on a web3 architecture, may as well keep to traditional finance.

They rely on low risk low return investments which mean they will need very large AUM to be worth it. Looks like they consider metaverse a worthwhile investment market, I think that's a huge mistake unless if it's to short.

Team has expertise in this domain and are credible.

Solid project for a real problem, not sure why they are pitching to a startup competition though since they will need to get ~$1B in the protocol to be worth their time, they need to go after very large institutional clients which may be hard in the current regulatory climate.

Fyde is a decentralized treasury protocol and treasury management system.

Fyde

Crypto Rookies

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.

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.

Fyde FYDE

Decentralized Treasury Protocol