CoTrader

CoTrader has a huge team that is highly competent based on linkedin checks. The KYC is passed which is an added bonus because it wasn't passed previously when I looked at his project. The vision is interesting but not new to the market. However, similarly, I can't see a direct USP it has that is better than its other competitors. Overall, still good project.

"CoTraders can invest with the best investors without sending their assets to anyone. Our onchain smart funds provide proof of fund performance, known fees, borderless access, and total asset control."

Who are your best investors?

Very interesting use of blockchain to disrupt how investment funds will work. Good commercial marketplace model. Highly disruptive, but untested yet (regulatory and commercial pickup) so risk is definitely there.

Team is strong and solid that covers almost aspects the project needs. Good point to start with.

Vision is good but not unique. However, it is good to have a transparent developed with blockchain technology for easier management.

MVP is not working properly at the time of my access. Hope to assess this aspect when it is available again.

Strong team.
Liked the concept and the live product!
Whitepaper is in word format but very detailed with a great competition analysis done.
Great social media presence.

I see very big team - it is very good, but many didn't confirm the status here - it is bad. Correct it and I will lift assessment.

Concerning the idea - it is absolute not new, but I didn't see yet any project who could realize correctly it therefore I wish you only success and that at you everything turned out.

The market needs such useful projects!

Although it is an excellent point of view, it is not innovative. However, the feasibility of this project seems to be high.
I could not connect to the DEMO link.
I would like to know the progressive development goal according to the amount I procured.
I will increase the score of the product if DEMO works properly.

*I appreciate the answers from the team! I succeeded in verifying the specification of the product and confirmed that this is excellent.

The idea is really good. They have already MVP which is always required now a days. Team and advisors are good and capable enough to run the project. The main thing they will need is adoption which will be difficult in market conditions. Best of luck team!!

Well CoTrader is nothing that has not been done before. The idea is not novel, but it is to be seen how they execute it. They can certainly do with a little more marketing. Plus, I would like to know how they will select their "best investors".

Team - some strong advisors with top education and experience, core team could use more relevant experience and also a compliance and regulatory lead. This could become a regulatory minefield if not properly considered, so requisite hires would make the project a lot more secure for the future.

Vision - not a very unique vision and no USP to make the platform stand out (decentralisation is very difficult to achieve primarily, so to call the project a DEX is a future goal, not a quick win). I can't stress enough, the funds on the platform will fall under securities laws in most jurisdictions, so the vision of democratising asset management is very difficult to achieve without good legal advice for every nation the project will operate in. Tokenising existing assets will add further complications too.

Product - MVP exists, seems to work ok, look forward to the beta.

I like the idea of Fund management platforms, and the project does have some good aspects and an advisory team that can add real value. Good luck in the ICO raise and subsequent execution.

Team - Big team but digging deeper, some team members seems to be holding multiple positions and might not be working full time on the project especially if they are labeled as core team members. Very moderate raise.

Vision - Idea is not new, much needed product in the industry today in fact. Definitely welcome any form of competition for the greater good of all consumers.

Product - Live on main net, great design, intuitive, however as with all DEX, too slow for my liking and for actual use imo.

It's Interesting project and KYC Done. Big and experienced team members and have good advisory board with a innovative product and a great vision. The market needs such useful projects. Detailed WP.

Wish them to get proper success

It is a very interesting idea, but it can be said that it is not up-to-date.
But what they are preparing for the project is very secure.
Also, I think that the attitude of running their projects is really wonderful.
Even if the same project exists, I would like to cheer on this.

CoTrader has a huge team that is highly capable. The KYC is passed which is an added bonus. The vision is interesting but not new to the market. I didnt find any USP for this particular project. MVP is live and easy to use.

1) Like the fact that we see an MVP already live even before the preICO have started. Although I would love to see alpha version instead for potential investors to really believe in product.

2) Team raises minimum questions with solid board of advisors and KYC passed.

3) Would really recommend to polish marketing strategy, to keep in mind that community should be the core of your efforts.

I see the added value of such a project to the current marketplace. I really enjoyed and studied the projects that approach the idea of Fund Management/Portfolio Management platforms. It's a very tough digital market with too many moving parts and variables, that's why, many other similar projects have already failed but I wish you best of luck.

Well structured and balanced team. The MVP is not working, as I tried to test it. So you might want to fix that.
Aside from this, from their provided documentation, the project looks good.

Smart funds might be able to generate enough demand for token investors in the future to establish a profitable business.

CoTrader seems to have a large team and I like the 4 year lock-up period for team and advisors. Tokens are set free to trade quarterly, would be even better to completely lock them for at least 1 year.

It says that the investment algorithm is patent pending. The Whitepaper doesn't say anything about that. Where was the patent filed and what law firm did structure the filing? For me this is a major asset of the venture that I would like to understand better.

About a Vision I think is good, but after analyzed white paper I can say that is not unique but I appreciate transparency.

About a Team I think is big and strong, but some of the most important members have not updated their LinkedIn profiles and not confirmed the status here, not good thing.

About a Product I see good working MVP.

I think the market need this idea.

The vision tackles a major market being hedge funds and allows access that never existed before. Competitors exist, so really the execution and product development is vital. It will need to be user friendly for the average investor in order to get any real traction.

Mainnet is out and on the surface it is user friendly, simple but effective. The pre ico targets were reached and funding cap is reasonable for public sale also.

CoTrader is an interesting project but it is similar to eToro - the pioneer of copy trading and so far apparently the most successful - so it's not a new idea and there's competition out there. Surely, eToro is not going to just wait around and not look at entering the blockchain space and decentralization and provide a similar product/service. The hard cap of only $2.8M should be easily achievable so success is within reach. The claim of being the "Uber of Hedge Funds" and the "World's first blockchain investment funds platform" is a bit inaccurate and far-fetched, there are others out there doing similar things. There's is some apparent differentiation however, hence the 4 star rating.

As far as copy trading goes, when it goes good and the professional trader that you follow made the right trade, then both are happy. However, when it goes the wrong way and both lose money, then both are unhappy. Copy trading or co-trading is not a guarantee to success, there's always a risk factor (which of course is always a matter to consider in any financial trading), therefore it's better to learn about trading and learn from your mistakes than to follow others and blame them if things go wrong (or praise when things go good). For this reason, the product gets 3 stars.

The team has many marketing experts and community managers, I would prefer to see more experienced traders and regulatory compliance team members. The founders have passed KYC which is always good and they appear to have sufficient experience and knowledge about financial trading. The team lacks some key specialists, therefore a 3 star rating. Wish the team and their advisers success and all the best.

Had a pleasure of meeting the team in Stockholm, sharp and excited. While the idea may be floated by many, these guys are actually doing it, so my deep respect for doing the ICO only after going live. Best of luck!

CoTrader idea to "do your own fund" sounds interesting. Not sure though if ethereum blockchain is the right platform for it.
Also the addition of market simulation using your fund structure will be welcomed.

Disclaimer: This is not a due-diligence of the above mentioned project/company or shows a method measuring the viability of this idea in the market or an investment proposal to the project. My review is not intended to be a source for advice. My review is not using any methodology to decide if the project is a scam or operates any other shady scheme. This is a project review pointing out mostly on incorporation of different technologies. I used published information on ICObench and project links. I was not financially compensated in any way for posting this review. The opinions expressed are my own and are based on my observations while reading the white paper and published project’s information.*//

The fact that CoTrader is the first live investment fund marketplace is intriguing enough for me to look at it. Also I’ve noticed the goal is to be fully decentralised which is also a key factor. I see the very good use of Blockchain here and I believe that this project will disrupt how investment funds work. MVP is available and I’d like to test it once the bugs are fixed. I think it’s a well-deserved rating, I wish you all the best.

Team looks good, making this type of platform on the blockchain is really a new one. However this idea is already in the market, there are many platform for this.

The thing to look will be how this team will use blockchain to nurture this idea.

VISION: Though not novel or ground-breaking, the vision is good with excellent projections shown at the end of the white paper. The blockchain should bring advantages to this use case, for example transparency. 4/5

TEAM: An extensive and strong team though some of the 'core' members have not updated their LinkedIn profiles. 4/5


PRODUCT: Good to see there is a working MVP before the pre-ICO stage. I will watch how this develops with interest. 4/5

This is not an invitation to invest. ICOs are risky and you can lose everything you put in.

This project has got a lot of attentions as its twitter followers have more than 30k. The price of token won't go up in the future because the number of tokens are relatively high. The team members look great and I'm looking forward to it succeed.

The MVP link is not working and I cannot test your product.
The team looks good and prepared to implement this project.
Their vision is a bit interesting, but not quote original.

The idea is not new but disruptive. Market has huge potential for new players. Useful product. MVP is not accessible at time of writing. Team looks good but lacks relevant experience. Whitepaper is thoroughly written. Tokenomics looks perfunctury to me. Hard cap is easily achievable. Bonus is kept on higher side-50%. The fact that 20% of total tokens are for sale is a big no from me. Roadmap is clear. All the best!

What a great idea.

I have been awaiting for such super cool projects on blockchain and finally found one.

This is a great platform for the investors to invest without any worries as this entire platform runs on Ethereum there is no need for a second thinking.

And the best part is that the platform is already live on both the main and test net which is a key to their success.

This shows that the team is actually doing something and are pretty serious about the project.

This is going to be a game changer in the fund investment industry.


Hi team, you have my support on this project.

Best wishes.

Team:

Seems to be strong technically but without any relevant business experience. Projects like this should have a very strong finance & legal presence on the CORE team. Besides that, the team needs an experienced FinTech lead who would handle connectivity to the exchanges and to handle volumes/security.

Good to see that the team is planning to spend 10% of the funds on legal development, but it will not be enough.

Only wall street advisor is focusing on crypto trading.

In order to pull the vision outlined in WP, the team needs to hire several MD-level people from the top firms to navigate them through financial, technical and legal challenges.

Vision:

The core statement is inaccurate. Hedge funds are not about making a "right" trade, hedge funds are about access to unparalleled financial and human capital. Hedge funds are the only institutions that can work with largest banks through most complicated and exotic transactions. HFs are regularly committing $500M+ in the transactions, on top of leveraging their vast human network in the financial world. None of these features, and hence possible returns, will be replicated in this project.

The idea of copy trading might work with pure crypto, but expansion in traditional assets will pose an almost insurmountable amount of challenge for both the team and the core idea.

In my opinion, the team should refocus their vision on crypto and ease of access.

Product:

Nice to see a working product. However, it lacks some of the filters and information that potential investors would like to see:
1. Overall volatility.
2. More granular historical review.
3. Sharpe Ratio
4. A number of incoming\outgoing funds.
5. Total number of people invested
6. Short description of the fund strategy, objectives, and instruments.