7% weight

Team:

- Well rounded



- Team all seems to be committed to the project, and focused based on their LinkedIn profiles.



Facets to explore:

- No CFO specifically which I would like to see with this raise amount, although many folks in the team do have financial experience.



- Advisors don't appear to publicly list this project. Have contacted to confirm, and will update.



Product and Vision:

- The thing that grabs me about this project is that it is not revolutionary. It is just a simple clear understanding of the mechanisms in the ICO markets, and a machine to process value exchange between ICO's and investors for post ICO pre exchange. Solid idea for a business.



- White paper is well thought out, most angles are covered and explained.



- Business should have nice margin ability between private sale allocations and Vertex exchange offerings.



- The flexible plan for use of funds allocation based on raise success was a nice touch of professionalism.



- Like the fact that they offer a tokenized voting share in the company as a separate offering, investors can decide where to participate.



Facets to explore:

Vertex does take downside risk here on the ICO investments in the case that Vertex cannot sell the tokens and the ICO coin dumps on the exchange. However this appears to be the risk of the fund, and there looks like a lot of flexibility a) private sale discount terms, b) the funds ability to pay ICO's at least partially with Vertex coin.



- Struggling to understand the need for a $44M hardcap as the raise is not used as I can tell for the Vertex fund. This amount is way outside the hotzone for ICO raises at the moment. Seems very aggressive for what needs to be built even in a 3 year timespan.



Notice: I do not provide investment advice. Please see my profile for important disclosures.

+6 Agree +6

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