Common Wealth is a unique investment platform that provides retail investors with an opportunity to take control of their financial future. The platform leverages Web3 principles and technology to disrupt, scale, and optimize the traditional venture capital investment model.
Investors' funds are represented by a non-fungible token (NFT), which they can choose to sell in whole or in part on the platform or on external NFT marketplaces. The ability to fractionalize investments allows investors to sell one or more parts of their Fund NFTs while retaining the remainder for themselves.
While the idea seems promising, there are some concerns regarding the platform's ability to ensure liquidity at all times.
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The claim of "ensuring liquidity at all times" may not be entirely accurate, and it remains unclear how Common Wealth plans to achieve this.
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It is not good for a company if investors can split their Fund NFTs into multiple parts. This raises the red flag that the changing shareholder may not share the same vision. Common Wealth compares with A16Z, Sequoia Capital, and Fenbushi Capital but if a project is funded by these VCs, they shall have the benefit not only the fund but also the vision or their ecosystem. Here is very important. I used to be a founder of a startup funded by Sequoia and they train us to raise the next round, they share the same vision and support during the tough time. I don't see it here.
It is essential to note that fundraising is not just about the funds; it is also about the vision and ecosystem. Based on my experience, I can attest that having a shared vision and support during tough times is crucial, even more than the funds. And if the project is not successful, the investment shall not be as expected.
Fundraising is similar to when you chose your husband/wife. You need to choose the right person instead of handsome, rich or talented one.
Until these concerns are addressed, I would remove 3 stars. Show Less