JokeWCoins
some critique to JWC Ventures in general:
Some thoughts of mine to JWC whitepaper concept and why you should think twice if it is worth investing

• they overuse a bunch of nice sounding buzzwords without real detailed practical implications or how these nice sounding technologies will be applied, since writing all over about different industries (VC, O2O, Logistic, Sandwich?, nanosoybeans? ) fills the whitepaper space with shallowness and does not require well thought deepness
• multiple stuff written just doesn't make sense, not clearly explained how or plainly contrary like JWC tokens
• JWC tokens nebulous use, contrary information depending on source: They state it has functional utility, one of them the option to buy future sub-coins of sub-TGE meaning that these subs need to apply blockchain and ICO with JWC or JWC convert to ETH before investment (which devalues initial investment) 2. They state in whitepaper 20% of profits of JWC fund will be used to buy back JWC tokens but ONLY in case of successful exit/selling (5-10years) of one of the companies and not reinvesting the revenue from selling a portfolio company, also not included clear rules of what price buyback JWC tokens and process/rules of buyback.
  
  Think about this applied scenario you invest into JWC "Ventures", they invest 250k-5m to a portfolio company for in exchange for 20-25% Ownership to JWC like stated in whitepaper, in 5-10 years one of them exits/sells the company (some others might not, or need further investment) and JWC will then receive 20-25% of the exit (in this scenario no further investment/dilution happened) and of that 20-25% profit of JWC, 20% will be used to buy back JWC tokens for unknown price and process. So an exit of 5m will result in 1-1.25M profit for JWC and 20% of that profit (if not reinvested, spent) 200k-250k will be avaible to buy back JWC coins for unknown price and process. So wait 5-10 years hope for exit and then hope further to be one of the lucky to sell JWC, or reinvest your JWC into maybe sub coins in a never-ending cycle
• business model is flawed: no clear asset allocation, no clear parameters what startups get invested too, JokeWC tokens, could list more
• team involved don't know each other well or long
• current pipeline/portfolio of startup investment consists solely of companies owned by JWC team members themselfes. closer look at these companies reveal some are, lets say not very far in progress(I think VC would not invest)

You can read more about my experience here