It sounds pretty good idea to democratize the investment into crypto projects. I will focus on concerns only here as other reviewers have talked about the good part of the project. I have a few concerns.
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Community Vote for investment decision. It is untested model and chances of failure is high. If majority is not experienced enough in investment decision making, you end up following the herd mentality. I remember node projects in 2021-2022 used to have treasury to invest into projects. People were expecting that bull will last forever and voting for projects that had done very well. But they all end up in bad shape today. All those calls look very stupid in hindsight.
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The fee structure. Although 2% on investment and 20% on profit is hedge fund traditional model. Common Wealth is starting with 50% fee on profit. You can reduce it to 10% by staking 50% worth of WLTH token of your investment for 1 year. Please see attachment. So if I invest $1000, I also have to spend $500 on WLTH token to pay 10% on profit. Which is quite high a tax in my opinion. It will only help early investors who buy WLTH tokens cheap enough. Show Less
