Had a look at the offering memorandum v.2. Improving investor economics to 50% vs 30% is great, thank you.

How would you explain introduction of 5% management fee though? Seems high + you will be paid ahead of investors which does not seem to be in line with the preferred return concept.

Also, you do not seem to have any independent signatures on your ETH wallet, not sure it counts as proper escrow.

Finally, you are planning to convert BTC to ETH immediately upon receiving. I guess given you don't have a refund feature it does not matter so much. Otherwise not sure I would be so happy to get ETH back at an unknown exchange rate after investing BTC, should the ICO not go ahead.