Rated on 2018-07-21
Well CoTrader is nothing that has not been done before. The idea is not novel, but it is to be seen how they execute it. They can certainly do with a little more marketing. Plus, I would like to know how they will select their "best investors".
Rated on 2018-07-21
1) Like the fact that we see an MVP already live even before the preICO have started. Although I would love to see alpha version instead for potential investors to really believe in product. 2) Team raises minimum questions with solid board of advisors and KYC passed. 3) Would really recommend to polish marketing strategy, to keep in mind that community should be the core of your efforts.
Rated on 2018-07-21
Team - some strong advisors with top education and experience, core team could use more relevant experience and also a compliance and regulatory lead. This could become a regulatory minefield if not properly considered, so requisite hires would make the project a lot more secure for the future. Vision - not a very unique vision and no USP to make the platform stand out (decentralisation is very difficult to achieve primarily, so to call the project a DEX is a future goal, not a quick win). I can't stress enough, the funds on the platform will fall under securities laws in most jurisdictions, so the vision of democratising asset management is very difficult to achieve without good legal advice for every nation the project will operate in. Tokenising existing assets will add further complications too. Product - MVP exists, seems to work ok, look forward to the beta. I like the idea of Fund management platforms, and the project does have some good aspects and an advisory team that can add real value. Good luck in the ICO raise and subsequent execution.
Rated on 2018-08-27
Had a pleasure of meeting the team in Stockholm, sharp and excited. While the idea may be floated by many, these guys are actually doing it, so my deep respect for doing the ICO only after going live. Best of luck!
Rated on 2018-08-31
CoTrader has a huge team that is highly competent based on linkedin checks. The KYC is passed which is an added bonus because it wasn't passed previously when I looked at his project. The vision is interesting but not new to the market. However, similarly, I can't see a direct USP it has that is better than its other competitors. Overall, still good project.
Rated on 2018-07-20
"CoTraders can invest with the best investors without sending their assets to anyone. Our onchain smart funds provide proof of fund performance, known fees, borderless access, and total asset control." Who are your best investors?
Rated on 2018-07-27
Although it is an excellent point of view, it is not innovative. However, the feasibility of this project seems to be high. I could not connect to the DEMO link. I would like to know the progressive development goal according to the amount I procured. I will increase the score of the product if DEMO works properly.
Rated on 2018-07-30
VISION: Though not novel or ground-breaking, the vision is good with excellent projections shown at the end of the white paper. The blockchain should bring advantages to this use case, for example transparency. 4/5 TEAM: An extensive and strong team though some of the 'core' members have not updated their LinkedIn profiles. 4/5 PRODUCT: Good to see there is a working MVP before the pre-ICO stage. I will watch how this develops with interest. 4/5 This is not an invitation to invest. ICOs are risky and you can lose everything you put in.
Rated on 2018-08-09
Very interesting use of blockchain to disrupt how investment funds will work. Good commercial marketplace model. Highly disruptive, but untested yet (regulatory and commercial pickup) so risk is definitely there.
Rated on 2018-08-10
Smart funds might be able to generate enough demand for token investors in the future to establish a profitable business. CoTrader seems to have a large team and I like the 4 year lock-up period for team and advisors. Tokens are set free to trade quarterly, would be even better to completely lock them for at least 1 year. It says that the investment algorithm is patent pending. The Whitepaper doesn't say anything about that. Where was the patent filed and what law firm did structure the filing? For me this is a major asset of the venture that I would like to understand better.
Rated on 2018-08-10
Team is strong and solid that covers almost aspects the project needs. Good point to start with. Vision is good but not unique. However, it is good to have a transparent developed with blockchain technology for easier management. MVP is not working properly at the time of my access. Hope to assess this aspect when it is available again.
Rated on 2018-08-15
The idea is really good. They have already MVP which is always required now a days. Team and advisors are good and capable enough to run the project. The main thing they will need is adoption which will be difficult in market conditions. Best of luck team!!
Rated on 2018-08-16
I see very big team - it is very good, but many didn't confirm the status here - it is bad. Correct it and I will lift assessment. Concerning the idea - it is absolute not new, but I didn't see yet any project who could realize correctly it therefore I wish you only success and that at you everything turned out. The market needs such useful projects!
Rated on 2018-08-27
CoTrader has a huge team that is highly capable. The KYC is passed which is an added bonus. The vision is interesting but not new to the market. I didnt find any USP for this particular project. MVP is live and easy to use.
Rated on 2018-08-28
CoTrader is an interesting project but it is similar to eToro - the pioneer of copy trading and so far apparently the most successful - so it's not a new idea and there's competition out there. Surely, eToro is not going to just wait around and not look at entering the blockchain space and decentralization and provide a similar product/service. The hard cap of only $2.8M should be easily achievable so success is within reach. The claim of being the "Uber of Hedge Funds" and the "World's first blockchain investment funds platform" is a bit inaccurate and far-fetched, there are others out there doing similar things. There's is some apparent differentiation however, hence the 4 star rating. As far as copy trading goes, when it goes good and the professional trader that you follow made the right trade, then both are happy. However, when it goes the wrong way and both lose money, then both are unhappy. Copy trading or co-trading is not a guarantee to success, there's always a risk factor (which of course is always a matter to consider in any financial trading), therefore it's better to learn about trading and learn from your mistakes than to follow others and blame them if things go wrong (or praise when things go good). For this reason, the product gets 3 stars. The team has many marketing experts and community managers, I would prefer to see more experienced traders and regulatory compliance team members. The founders have passed KYC which is always good and they appear to have sufficient experience and knowledge about financial trading. The team lacks some key specialists, therefore a 3 star rating. Wish the team and their advisers success and all the best.
Rated on 2018-08-29
This project has got a lot of attentions as its twitter followers have more than 30k. The price of token won't go up in the future because the number of tokens are relatively high. The team members look great and I'm looking forward to it succeed.
Rated on 2018-08-30
Team - Big team but digging deeper, some team members seems to be holding multiple positions and might not be working full time on the project especially if they are labeled as core team members. Very moderate raise. Vision - Idea is not new, much needed product in the industry today in fact. Definitely welcome any form of competition for the greater good of all consumers. Product - Live on main net, great design, intuitive, however as with all DEX, too slow for my liking and for actual use imo.
Rated on 2018-08-31
The idea is not new but disruptive. Market has huge potential for new players. Useful product. MVP is not accessible at time of writing. Team looks good but lacks relevant experience. Whitepaper is thoroughly written. Tokenomics looks perfunctury to me. Hard cap is easily achievable. Bonus is kept on higher side-50%. The fact that 20% of total tokens are for sale is a big no from me. Roadmap is clear. All the best!
Rated on 2018-09-01
Team: Seems to be strong technically but without any relevant business experience. Projects like this should have a very strong finance & legal presence on the CORE team. Besides that, the team needs an experienced FinTech lead who would handle connectivity to the exchanges and to handle volumes/security. Good to see that the team is planning to spend 10% of the funds on legal development, but it will not be enough. Only wall street advisor is focusing on crypto trading. In order to pull the vision outlined in WP, the team needs to hire several MD-level people from the top firms to navigate them through financial, technical and legal challenges. Vision: The core statement is inaccurate. Hedge funds are not about making a "right" trade, hedge funds are about access to unparalleled financial and human capital. Hedge funds are the only institutions that can work with largest banks through most complicated and exotic transactions. HFs are regularly committing $500M+ in the transactions, on top of leveraging their vast human network in the financial world. None of these features, and hence possible returns, will be replicated in this project. The idea of copy trading might work with pure crypto, but expansion in traditional assets will pose an almost insurmountable amount of challenge for both the team and the core idea. In my opinion, the team should refocus their vision on crypto and ease of access. Product: Nice to see a working product. However, it lacks some of the filters and information that potential investors would like to see: 1. Overall volatility. 2. More granular historical review. 3. Sharpe Ratio 4. A number of incoming\outgoing funds. 5. Total number of people invested 6. Short description of the fund strategy, objectives, and instruments.
Rated on 2018-09-01
Team looks good, making this type of platform on the blockchain is really a new one. However this idea is already in the market, there are many platform for this. The thing to look will be how this team will use blockchain to nurture this idea.
Rated on 2018-09-02
About a Vision I think is good, but after analyzed white paper I can say that is not unique but I appreciate transparency. About a Team I think is big and strong, but some of the most important members have not updated their LinkedIn profiles and not confirmed the status here, not good thing. About a Product I see good working MVP. I think the market need this idea.
Rated on 2018-09-24
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
MVP/arch in dev. Filed provisional-patents.
Dev MVP and new concepts. Filed more provisional patents.
MVP live on testnet.
MVP live on mainnet at mainnet.cotrader.com
Seed-sale begins. Keep improving the live product.
Pre-sale ends. Tokens distributed.