The 4th Pillar (PreICO)

Good vision. Good luck guys!

just another data wallet that does not seem to have any new or advanced features from competition or existing products already on the market.
does not take into consideration, tax withholdings for remuneration.

Big team vision is good ... Team yet not conduct KYC .....

Great Whitepaper, team needs some beefing up. Will up the score when new advisers are released. Good job folks!

Overall good product idea and vision. Will take some strong work by the team to fully execute it. WP is very well done as well.

Team:
+- On high level, team seems huge and well-rounded. However, when I dug deep I found the structure really messy.
-- Out of 41 team members only 12 list 4th Pillar as their employer on LinkedIn. Many key members (Jaka, Miha, Janez) don`t have any mention of 4th Pillar.
-- Both Tali and Dusan claim to be CEO of 4th Pillar on LinkedIn. Only Tali is CEO based on ICObench description.
-- Many employees list themselves to be adviser on LinkedIn and not full-time employees (e.g. Anton, Gregor etc.)
-- Almost all the team members are CEOs/ Owners of some other firm, which is currently active. I doubt how much committed they are to the 4th Pillar project? Also, is it well-thought out plan to add only CEOs of XYZ to the team so that team looks solid?

Vision:
++ Vision is good. This is the high time when HR get disrupted by Blockchain

Product:
++ Even though White paper isn`t the product but it`s well done. Will wait for MVP.

Again, project looks amazing on high level and if you don`t do due diligence but I become really wary when you have so many CEOs in the team. Why do you need so many CEOs for a start-up that doesn`t have an MVP yet? They seem to be more focused on looking good rather than accomplishing stuff?

No KYC on Team, Good project and definitely can create value but needs to strengthen parts of the project including the product development.

I have been waiting for a HR blockchain solution like this. This could be almost as significant as supply chain solutions on the blockchain. The team seems massive and its not clear how their efforts will be coordinated. Having to many people can be as bad as not having enough. Also the 20 second promo video seems way to short.

Team:
- Experienced Team, has been involved in running several traditional businesses over a long period of time.

- Relatively large team of advisors.

- Thank you for making a CFO a priority to manage the money!

Items to explore:
- The executives do seem to be actively involved in other businesses, which is concerning about focus. Would have liked to see a plan around how that will be managed.

Vision / Product:
- HR and employee management could be a fairly large market to tackle in the Enterprise sector, enough room to innovate and potentially disrupt some of the major payroll processors

Items to explore:
- The concept seemed more soft for me around the requirement for secure document transfer is required by the blockchain, or skill tracking. I have spent much of my career in corporations, but perhaps I am just not close enough to the issues in HR departments.

Notice: I do not provide investment advice. Please see my profile for important disclosures.