Neat idea actually, but where will the funds be stored? I wouldn't feel too safe if all those coins would reside in an online wallet.
I really do like the concept of these small-scale community investments, it's definitely something that I would introduce to my family or friends, if it's all secure.
I'll sign up for early access to check it out.
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For the alpha were using hot wallets, but were moving towards multicurrency device wallets where the keys are controlled by the user, we want to make sure we audit this thoroughly though before including it in the build. As you say, security is paramount!