Topic: [ANN] [TRST] [TOKEN SALE] WeTrust.io CROWDSALE: Mais de $4M arrecadados - page 3. (Read 6351 times)

Últimos minutos para aproveitar os 25% de bônus- depois disso serão 20%.

Aproveitem e saiam na frente, ja com lucro.

É cada vontade que eu tenho de entrar em campanhas de alts kkkkkkk foda é se negam o cara e ai não consigo mais entrar em nenhuma legalzinha.. Acho que vai ser rentável essa pelo tanto que já arrecadaram..


Tiveram azar na data né, se o preço do BTC cair semana que vem, eles vão ter menos grana pro projeto. e se tivessem feito a ICO começar depois do dia 11, teriam mais investidores no dia 1 e na primeira semana.. eu mesmo não investi pq troquei os BTC por BRL.

Mais de 1300 btc ja foram arrecadados.

Acho que depois do dia 13, quando ocorre todo o desenrolar da etf, teremos uma enchorrada de investimento

Ai depende das exchanges, a Poloniex só lista moedas com projetos fortes e com volume alto. Um exemplo de projeto forte é a ICONOMI que subiu 3x o valor da ICO e não listaram na Polo... Algumas exchanges pedem um pagamento dos devs ou "vaquinha" para entrar, cada exchange tem sua regra..

Na minha opnião o que faz o preço cair abaixo do valor da ICO é esses bonus, se a moeda vale 1 e o maior bonus é de 30%, provavelmente vai começar sendo negociada a ~0.7 ou menos, pois uma parte da moeda é destinada a bonus de traduções/early marketing.

Outro ponto a ser visto é o tempo para a entrega do projeto, por exemplo a SNGULAR tem um projeto muito bom, porém só vai ficar pronto em 2 anos, então até la o preço vai ficar no chão, as vezes compensa comprar as moeda após a ICO quando tiverem uma grande baixa.

Sobre esse projeto, tem um post ali sobre a opnião dos profissionais da ICONOMI que citam os pontos fortes/fracos da WeTrust, vale a pena ler se entender um pouco de inglês para saber aonde está se metendo.

EU investiria na WeTrust, só to sem dinheiro pra isso  Comece investindo pequenos valores caso tenha interesse em algum projeto, assim se ganha experiência.

Shooter,

Muito obrigado pela resposta.
No 'prospecto' diz em qual exchange ela vai entrar ? Ou isso é decidido depois do ICO ??
Como nao sou da area (sou economista), pra mim tudo é grego ... nao tenho a menor capacidade de avaliar um projeto como bom ou ruim ...
Estou querendo entrar mesmo para especular e baseado no que vcs dizem por aqui!
abs

Seja bem vindo ao fórum.

Bom Jaime, o que ocorre geralmente eh imprevisível.
Existem ICOs que arrecadam um absurdo mas quando entram na exchange onde o volume da exchange conta muito em relação ao preço cair ou subir.

Sempre que qualquer moeda entra na Poloniex por exemplo, ela sofre um grande pump, o que não ocorre na grande maioria das outras exchanges.

O segredo é analisar bem o projeto e os envolvidos, e de preferência optar por um long terme ganhar facilmente 100% de lucro em projetos bons.

Sou novato nesse mundo de bitcoin/altcoin ...
Venho do mercado financeiro ... Ja flipei muito em IPOs de acoes ... ganhando boa grana!
Nos IPOs quando a demanda é alta a cotaçao dispara no 1 dia de negociacoes ...
Aqui nos ICOs é a mesma coisa ? Ou nao necessariamente ?
Pq estou pensando em entrar ainda essa 1 semana para pegar o bonus de 25%
obrigado a todos

CROWDSALE PROGRESS
425.1719
BTC
61,126.3411
ETH
549
PARTICIPANTS
 Progress is updated live…
PERCENTAGE OF CAP RAISED
21.34%
1280.1 / 6000 BTC


A ICONOMI provavelmente vai investir neles mesmo, ou até ja investiram, to por fora da ICONOMI.

Eu to quebrado esses dias agora, nem tenho muito o que guardar para o short do btc, triste demais kkk

  O loco, e a ICONOMI nem investiu neles? Tudo isso vindo de investimentos individuais?

Foda não ter dinheiro pra investir, to preferindo segurar os BTC pra vender na alta e recomprar quando o preço cair daqui 2 semanas.

Ja chegamos a 20% da meta máxima de 6000 BTC, e ainda faltam 41 dias, ou ate a meta máxima ser atingida.

Olhem como está a arrecadação:
415.6351
BTC

59,871.2029
ETH

Vamos que vamos

Em menos de 24 horas a WeTrust ja bateu a meta mínima de 1000 BTC.
Como suspeitava, o projeto realmente atraiu investidores, e a coisa está andando conforme esperado.

Qualquer novidade venho aqui deixar para vocês.

Tenham um bom dia.

E a coisa ja está fluindo!

Um total de 185.2046 BTC e 43,968.6966 ETH investidos em apenas algumas horas! Um total próximo a 800 BTC

Muito bom

Just a friendly reminder, the WeTrust Crowdsale is starting in less than 30 minutes! Visit wetrust.io to sign up. QR Codes with deposit addresses will pop up at 12:00 AM UTC (March 2nd, 2017)! Instructions how to contribute:

https://medium.com/wetrust-blog/how-to-contribute-to-the-crowdsale-c9de5b91fc43#.ifjeycv68

Agradecimento ao nosso parceiro de fórum Kanoptx.
Muito bom trabalho mano.

A WeTrust ja conseguiu uma visibilidade considerável

Se tivessem me contratado como marketing manager a pontuação seria 5/5 kkkk

Zoeiras a parte, se os caras receberem investimento da ICONOMI, podemos nos surpreender ainda mais. Sem falar que a ICONOMI vai holdar seus tokens por um bom tempo, o que também eh interessante

Tava vindo aqui postar que tava "bom para comprar então", abri o marketcap e.. parece que já passou, 21,22% de alta nas últimas 24 horas fora o valor de 3x da ICO em poucos meses após o lançamento.

aqui o que eu recebi deles por email sobre a wetrust

"Dear investor,

To keep you updated about what is happening in the ICO space, we’ll be sharing Daniel Zakrisson's (our Head of Investment Evaluations) ICO evaluations with you.

He will be trying to cover the most interesting and widely discussed upcoming ICOs, and you can expect evaluations once or twice per month from now on. The thoughts and opinions are purely his own and this should not be considered investment advice. The following is the first evaluation shared with you, and if you have any feedback on this service please let us know via [email protected]

 

WeTrust: Lending Circles Going Blockchain
Disclaimer: I don’t get any compensation for writing these ICO evaluations. I select the projects myself based on what I think is most interesting in the space at the moment, my availability and in regards to the ICO start. These evaluations are a continuation of the ICO evaluations I did before joining ICONOMI, they are done by me personally and any thoughts expressed are purely my own.

 
One of the great promises of blockchain technology is to be a foundational technology in the (probably) upcoming disruption of the financial markets around the world. The traditional banking institutions will be challenged by agile companies with faster, cheaper and more secure services. One of the results will be that the unbanked population in many parts of the world will get access to new services that traditional institutions cannot provide.

 
This is a space heating up rapidly. Late last year we saw Branche (a cheque cashing and payday loan service) fail their ICO. Now, WeTrust will launch their ICO on March 1, and over the coming weeks and months several other projects aiming to bring services to currently un- or underbanked will launch ICOs. Among others these include Omise Go and Humaniq.

 
I’m subjectively scoring each of the categories below from 0 to 5, where 3 should be neutral in the eyes of the crowdsale participant. Below 3 is bad for the investor and above 3 is good for the investor (and could be good for the project as well). At the end I add a conclusion where I rate the whole ICO based on the combined information I have as negative, neutral or positive.


Project: WeTrust
 
The main tagline from the website is:

A platform for Trusted Lending Circles, powered by people and blockchain.

 
The slightly longer explanation from the whitepaper is:

WeTrust is a collaborative savings, lending and insurance platform that is autonomous, agnostic, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack alternative financial system that leverages existing social capital and trust networks, eliminating the need for a “trusted third party”, allowing for lower fees, improved incentive structures, decentralized risks, allowing a greater amount of capital to reside among the participants, and ultimately improving financial inclusion on a global scale.

Personally I find the concept very interesting. The goal is to build a platform with increasingly complex alternative financial and insurance products. The first product being developed is an application for Trusted Lending Circles (aka Rotating and Saving Credit Association/ROSCA).

 
They have a website at www.wetrust.io, a blog at medium.com/wetrust-blog and there is a proof-of-concept available on rosca.wetrust.io/. To hear the founders talk more about the project in their own words, watch the CoinFunds Hangout or listen to the Blockchannels podcast with them.

 
Team/Founders 4/5 
Do these guys have what it takes to succeed as entrepreneurs? Track record and previous projects? Experience and formal education? 4/5

 
As I’ve been arguing before, the single most important aspect of any new venture or startup is the team behind it. It’s up to the founding team to execute and deliver on the promises made, bring value to investors, adapt to the external environment and explain why changes are made to the strategy and products over time.

 
The on-paper profiles of the founders (linkedin, available in the whitepaper) seem like a strong foundation for budding entrepreneurs. George has startup experience, and he and Ron have also worked for Google for quite a while, giving them exposure to the much more process-oriented workflows used in larger organisations.

 
From the youtube video and podcasts they have done, I get a feeling of confidence in their abilities. They are able to clearly explain what they are doing and their plans which is a very important skill, and they seem to already have given a lot of thought to all the questions they have been asked.

 
In interviews they say that the core focus will be on tech development, and that there are a few other developers already engaged.

 
Altogether, I get a very positive feeling from the information and interviews available.

 
Market Potential 4/5
Like many other blockchain projects, it is very hard to correctly identify the potential size of the markets they are going after. Just limiting ourselves to the potential ROSCA market, the crypto based ROSCA market is $0 as far as I know today (since no competing services exist). On the other hand, ROSCAs in the old economy are widespread and widely used in many different countries and communities, and this is, of course, what WeTrust is aiming for.
 
By bringing a simpler, more secure and more structured service the goal is to bring some of the transaction volume in traditional ROSCAs to the platform.

 
The potential here is huge ($450 billion in the markets listed in the whitepaper), but it’s also very important to not get trapped in the 1 percent fallacy (“if we only get 1 percent of the online search market from Google, we’ll get rich”). With the platform’s other upcoming products listed in the whitepaper I do think there is a potential huge market well worth going for.

 
Product/Business/Operating Plan 2/5 
Proof of concept available? How many iterations are done? MVP available? Is the product validated by outside users? 4/5

 
There is a proof-of-concept available at rosca.wetrust.io, and as far as I have tested it, it is limited in functionality but operational. I have not seen any usage reports from outside users who have completed an entire epoch in the system, but I would assume that works for now.

 
By having a proof-of-concept available, the WeTrust team shows a good example of where technically a project should be when launching an ICO.

 
What is the current operating plan and why do they need funding now? 3/5

To make this work for the target audience there is, of course, a lot of work to be done. I think a smartphone interface is an absolute must, and with that come deep dependencies on other projects, such as status.im.

 
On the roadmap presented in the whitepaper, it is understood that the current ROSCA implementation is ready to be used. In Q2 2017, the first full-featured version will be launched (that includes fees), and Q4 2017 will see the integration of off-chain social accounts to this product.

 
The roadmap then goes on to map out the main product launches and features until Q1 2019, when the insurance products should be ready to launch and integrate into the platform.

 
I think it’s clear that funding is needed now, and will be used to develop the products and platforms.

 
What I’m missing from the roadmap is that this is purely a technical roadmap, it does not cover any market development goals or what value they plan to bring to users and token holders during this time. Also, I would assume a lot of the progress is dependent on other projects (such as status.im) and this is not covered at all in the roadmap.

 
What is the go-to market strategy? 2/5

This is one area I think is clearly lacking in the whitepaper.
 
The only clear market strategy communicated is a focus on collaborations with NGOs and other organisations in order to drive user adoption to the platform. This sounds like a good strategy, but there should be testimonials and preferably commitments that this product is interesting and needed by them, otherwise investors will have no way of knowing whether the go-to market strategy has any merit.

 
The other major drawback is that the product as it stands now requires users to be fully crypto literate. This means users must have access to buy and sell crypto, often requiring access to the same banking institutions the platform is built to work around. Users must also have access and know how to use crypto wallets and at least the foreperson must have access to a computer with Ethereum integration.

 
The buying and selling of crypto could potentially also be handled by the forepersons, but this is a big task. Also, finding and educating suitable forepersons in all of these communities around the world will be a serious challenge.

 
Another huge adoption hurdle not covered in the whitepaper is how dependant this project is on general crypto adoption. Without well-educated forepersons that can explain to the members of the circles in a correct and trustworthy manner how everything works, ROSCAs will not form and user adoption will not come.

 
One positive strategic choice is the structure of a ROSCA. Since each ROSCA has a limited number of participants, the whole platform is not dependant on a big network effect in order to be successful. That would, of course, help and be the best marketing engine they could wish for, but it’s not required in order to get circles started and get users to the platform.

 
Getting heads down to develop a great product is a clearly defined and rewarding task, but in most startups this is the easiest one. Getting paying users and evangelists is in the end the only thing that matters, and that is really hard. I wish we could see much more information on the marketing strategy before the ICO is launched, and this is for me one of the weakest points in the whole project right now.


Competition 4/5 
Do they have a clear view of the competition? How do they plan to beat them? 4/5

 
I would say yes, the founders are well connected in the blockchain sphere and know what is happening and, by highlighting examples of other fintech startups (i.e. in the p2p lending sector), we get a clear picture that they keep track of the competition. What I think is really interesting is that this platform has a good shot at productifying a very large financial sector that is currently unstructured and unproductified. If they can they solve that by recruiting users to their platform (see go-to market strategy above), they have a big chance of doing something great.

 
In competition with other services that aim to bring banking services to the unbanked, they also have a huge strategic lead by starting with the ROSCAs. As discussed above, a ROSCA is functional without a large network of users, which means that the platform will be usable without reaching a critical mass of users in any specific market.


Valuation 3/5 
Does the valuation make sense? 4/5

A total of 100 million tokens will be issued and of these 80 million will be distributed to funders with the rest going to founders, future contingency and bounties (see below). The value of each token will be set depending on the total amount of funding the project receives. In this case I think holding off 20 percent of the tokens is perfectly reasonable.

 
Crowdsale and token structure 2/5

This is one area that I don’t like so much. First of all, they have set a very wide financing range, from 1000 BTC to 6000 BTC, a 6x range from the minimum funding. This automatically raises questions of how efficiently funds will be used close to the top range. The whitepaper loosely mentions investments into global partnerships and grants to organisations with a similar vision (among more relevant use of funds). When raising that much money, there should be a clear plan for how to use it, even though this might change in the future.

 
In the whitepaper they describe the same end goal regardless of funding (a savings, lending and insurance platform), and we are given a table of different levels of sophistication for all the planned services depending on the level of funding. What is missing is an explanation or forecast of how the different funding levels will affect the roadmap, user adoption and traction of the platform. This is important information for potential investors.

 
Of the 100 million issued tokens, the distribution will look like this:

 
2 million to bounties

8 million to future contingency

10 million to founders

80 million to funders

 
In general I think this is OK, with one exception - bounties. On the bitcointalk page there is a detailed breakdown of how these bounties are earned. Bitcointalk-based bounties are OK, I guess; many blockchain projects do them in some form. But encouraging people to retweet and Facebook share at least 15 times per week to earn stakes in the bounty program just promotes spam, and I hate spam.

 
Next up, bonuses. High bonuses also promote short-term speculative behaviour and does not reward the long-term serious investors that a project like this really should be going for. The bonus structure (only available on bitcointalk) looks like this:

1st Day -- 30%

1st Week -- 25%

2nd Week -- 20%

3rd Week -- 15%

4th Week -- 10%

5th Week -- 5%

6th Week -- 0%

 
Even though the steps are pretty small, a structure like this will result in the majority of investment coming in the first week and then it will die off. This is a problem for the project that instead could leverage the network effect of investors, and who could promote the great project they just invested into to friends and contacts over the entire time of the ICO.

 
Legality 2/5
As an investor? 2/5

The current norm for high-profile ICOs is to clearly explain what the token is, how it relates to the main securities regulations (in the US and other jurisdictions) and what measures are taken in order to incorporate in a way that is compliant for the targeted investors and the jurisdiction where the service company will be created. I cannot find any information regarding this in the whitepaper which is a big oversight. I hope this will be clarified before the ICO starts.

 
Update: Information given to me by the team clearly express that this is an application token with no rights or ownership of the company etc. All of this should be covered in a full legal disclosure document that if I understand correctly will be distributed together with the whitepaper once the ICO is ready to launch. They are also working together with an established law firm to make sure the token is designed in a way to be compliant with US SEC regulation. However, none of this information is publicly available at the time of writing and I suggest potential investors should wait and fully review this information once it is publicly available. Also, I would like a summary of this information together with a reference to the full document to be present in the whitepaper, as all relevant information regarding the sale should be available in one place.

 
Legality of the business 3/5

Unfortunately this is not discussed in the whitepaper. Financial regulation and keeping control of the financial system is a highly prioritised task of many governments around the globe. Just like for crypto currencies and investments in general, this is most probably an area without any clear answers. Therefore it’s all the more important that the team describes the current regulatory situation and their current strategy and plans, even if they will change in the future.

 
Update: Comment from the team regarding this, and I hope this will get discussed in the whitepaper: “We are moving slowly, and have received specific guidance from our legal counsel - our first product, the ROSCA/ Trusted Lending Circle - is viewed as an accounting/ automation tool. WeTrust itself does not provide any lending services. It merely helps people group together and helps with the communication between users.

 
For future features, we will engage with legal counsel continuously to ensure that what we’re building does not get us into any regulatory troubles.”

 
Security 2/5 
Proof of external security evaluation? Testing methodology? 2/5

To date there are no published security evaluations, even though they should be performed before the platform is launched to the public. From the whitepaper:
 

In order to ensure that underlying smart contracts that move funds are secure and working as intended, the WeTrust team commits to subjecting its platform to a comprehensive security audit and bounty programs prior to launching the platform to the public. We will hire the most reputable security experts to conduct security audits prior to our public launch, release all results of the audit and fix any flaws that are identified.

 
This is all good, but in my opinion this does not solve the security question and it does not comfort me that funds will be secure on the platform. Security reviews are all good, but it is still just another paper review of the code. Writing secure code is hard, and writing secure smart contracts is even harder (I’ve covered this before). To give confidence that a secure product is developed, there should be extensive validation testing planned, and that takes time (just look at Augur). I hope the team will sort this out by hiring people with extensive experience from aerospace, old-school fintech, medtech or other sectors where there are very high security demands today.

 
Special security needs for this project? 3/5

Except the fact that this platform will handle and hold tokens, there are no aspects that stand out for me.

 
Conclusion - Neutral (with a possibility of being positive)
I know the WeTrust team were contemplating running an ICO In late 2016, but given the progress they’ve made since then in defining the overall strategy, building an MVP and collecting a good team, I absolutely think they made the right choice. I argue that ICOs are a form of advanced seed funding bridging into and replacing traditional Series A venture capital funding. Because of this proof-of-concepts, a well-defined strategy and the foundation of a good team should be in place before the ICO is launched. The WeTrust team now have all of that in place.
 
From what I have seen of the founders they seem strong and capable, and with many core people already committed they are ready to launch pretty quickly.

 
They are going for a very interesting market where I think innovation and blockchain technology (although perhaps invisible to the end user) can make a big difference. I’m also very fond of the strategic choice of first launching a ROSCA platform, where no minimum market penetration is needed for a useful service and then over time launching products that will require and leverage network effects more and more.

 
On the downside I have several issues, some of which I hope will be addressed in the coming days before the ICO is launched. To summarise:

Roadmap: Does not explain or discuss what value is given or lost to different stakeholders, how user adoption is affected and growth will change with different funding levels

Go-to market strategy: Does not address crypto adoption at all, treating it as a non-existing problem. In general very little is discussed about the go-to market strategy.

Legal: No legal or regulatory discussion or information, either for the tokens/investors or for the service

Security: Discussion does not cover the most important aspect of dApp development, validation testing.

Token sale/structure: Large min/max range, sale structure that encourages speculation instead of long-term investments, spam-promoting bounties

 
My general conclusion is neutral. I’m positive about the team, product plan and product strategy. But information is lacking and recent major changes and the design choices regarding the token sale structure does imply a focus on short-term thinking and not a focused and well thought out long-term plan.

 
I would change my conclusion to positive if relevant information is shared regarding the first four points above, and if the team committed to a staged release of funds. For example, a third of the funds are immediately released to the team and when the team needs more funds token holders are given the right to vote against the release of another third of the funds.

 
Update: I’ve shared this evaluation with the team around 24 hours before publishing, to give them a chance to comment and correct any errors and oversights on my side. I got news on several updates that are not yet publicly shared regarding the go-to-market strategy, project focus in case it does not reach the full financing and relating to a staged release of funds. If I understand correctly the whitepaper will be update and information will be shared by the team soon, and when it is I’ll go back and review my conclusion."

Aqui tem uma fonte com o mesmo texto: https://www.reddit.com/r/ICONOMI/comments/5w5a8z/the_crowdsale_analyst_wetrust_lending_circles/
coisa fina o trabalho deles.

All,

Due to the Amazon Web Services (AWS) outage impacting numerous infrastructure services and exchanges (e.g. Coinbase/ GDAX), we have decided to delay the Crowdsale launch by 24 hours to March 2nd, 12:00AM UTC.

We apologize for this change in schedule. However, we believe that it is critical to have a smooth crowdsale experience.

Everything else stays the same, the only difference is that the start date and bonus schedule have been pushed back by 24 hours. Please help us spread this to the greater community.

Thank you for your continued support,
WeTrust Team

Muito bom, pelo visto já fizeram a auditoria do token, e o melhor, parece que os caras que fizeram a auditoria são especialistas nisso!

As coisas ja estao começando muito bem para a WeTrust!

Open Zepplin is a smart contract security auditor and has helped find flaws and improve the security for projects such as: Golem, FirstBlood, Wings DAO, Digix Global, Consensys, Rootstock, many more!

According to Manuel Aráoz, "Overall, code quality is good, it’s well commented, and most well-known security good practices were followed. This was one of the most well written contracts we had to audit."

Check out the full, un-abridged version here and explore what they've found!