This is not quite correct because there is not written that ICONOMI invests.
Daniel Zakrisson has written an article about WeTrust. Furthermore, he has analyzed some topics of the project as security, valuation, competition and much more. And his conclusion respectively his current assessment is neutral.
https://medium.com/@danielzakrisson/wetrust-lending-circles-going-blockchain-34a48f5baa5d#.5f3st29vv
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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 updated and information will be shared by the team soon, and when it is I’ll go back and review my conclusion.
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 updated and information will be shared by the team soon, and when it is I’ll go back and review my conclusion.
