I see most of people here do not ask most important questions.I think, real questions here are:
- first if moneyrebel team will be able to deliver, what they promise, because they promise really big things. I can not imagine, how such small and in a field of financial services development unexperienced team could establish all these services.
- and also if they could deliver what they promise, how will they acqiure clients. Why would I use these services, what are advantages? Which group of people is their target base? Everybody here is forgeting, that without clients no business can work.
What I also do not like, is that investment in crypto currencies is promoted as financial product which is appropriate for everybody. Their promotion is based on this algorythm called Kriptel.de, which is earning 16% yearly return...? Maybe once in testing period this algorythm really succeded to make such return, but this is still far away of being able to promote this in a way, like at this point - as this is fact and that this algorythm will always deliver such returns. At the moment is not so hard to make such returns, because investment in crypto is very popular and values are higher almost everyday. What if this bubble will explode one day...? Investment in crypto is very risky.
I have read a lot of positive comments regarding whitepaper of this project - it seems that a lot of people is losing connection with reality...From my perspective this whitepaper is full of unusable statistics and pure commercial promotion. It is just presentation of idea. What I miss is business plan...how, when, where, cash flow, etc. I do not imagine that somebody expects, based on such document, to collect 15 millions...although in these days everything is possible. They claim that they have collected more than 1mio EUR from only 426 investors, which means that average investor invested around 2.500 EUR...? I don`t now - this is very high average number...
I am sorry, but I do not see opportunity here, because I think, that this platform will not be such hit in real life.
Thank you for your great question, i'll answer this in more detail, in following posts.