Why is such a small amount of funds invested in Fintech? It seemed to me that this was the most promising direction among all the directions touched by blockchain technologies.
Regardless to the fact that the prospects of this direction are incredible in the documents, in practice they arent that great. In addition im sure that TheFund team conducted a fundamental research before the start of the fundraising process.
It seems to me that they didnt. Otherwise, they would invest more on fintech. Nowadays, a lot of banks are eager to implement decentralized technologies, its possible to make a good profit on it.
On the one hand, youre right, on other, you dont take into account competition in this area. The project have started appearing long ago, so itll be quite hard to choose a qualitative investment direction under current conditions.